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In a process cost system, the amount of work in process inventory at the end of a period is valued by a. summing all actual
In a process cost system, the amount of work in process inventory at the end of a period is valued by a. summing all actual costs that flowed through the department from the beginning to the end of the period. b. summing the costs remaining in each department account at the end of the period. c. summing estimated costs budgeted for the inventory during the period. d. All of these choices are correct.
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