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TRUE or FALSE 1. In process costing, the units to account for must equal costs accounted for. 2. Different amounts of selling & administrative period
TRUE or FALSE
1. In process costing, the units to account for must equal costs accounted for.
2. Different amounts of selling & administrative period costs will be charged to expense under Absorption and Variable Costing methods depending on the units produced.
3. An example of a control decision is a proposal to introduce a new product to compete directly with the entitys competitor.
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