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When standard costs are used in a process cost accounting system, how are equivalent units involved or used in the cost report at standard? a.
When standard costs are used in a process cost accounting system, how are equivalent units involved or used in the cost report at standard? a. Equivalent units are not used. b. Equivalent units are computed using a special approach. c. The standard equivalent units are multiplied by the actual cost per unit. d. The actual equivalent units are multiplied by the standard cost per unit.
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