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westleafs westleafs
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A year ago
When using a process costing system, the formula to reconcile the physical unit flow is

▸ Beginning WIP units + Units started = Units transferred out + Ending WIP units.

▸ Units started - Beginning WIP units = Units transferred out + Ending WIP units.

▸ Beginning WIP units + Units transferred out = Units started + Ending WIP units.

▸ Beginning WIP units + Units transferred out = Units started - Ending inventory.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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dioxy186dioxy186
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A year ago
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westleafs Author
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this is exactly what I needed
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Brilliant
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Helped a lot
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