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Inventory valuation in operation costing requires 1. direct materials and conversion costs being traced to processes. 2, direct material and conversion costs being traced to

Inventory valuation in operation costing requires

1. direct materials and conversion costs being traced to processes.

2, direct material and conversion costs being traced to batches.

3. direct materials traced to batches and conversion costs traced to processes.

4. direct materials traced to processes and conversion costs traced to batches.

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