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BrandyBraden BrandyBraden
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A year ago
Match the following terms to the appropriate statement by placing the letter to the left of each statement.

a.Brewerye.Reconciliation of physical unit flow formula
b.Conversion costsf.Reconciliation of costs of production formula
c.Equivalent unitsg.Shipbuilding
d.Process costing systemh.Work in Process

______1.Beginning WIP units + Units started = Units transferred out + Ending WIP
units
______2.A way of representing partially completed units in completed form
______3.Units in ending inventory at the end of the period
______4.An example of a company that would use process costing
______5.Beginning WIP balance + Costs added during the period = Costs transferred
out
​during the period + Ending WIP balance
______6.Labor plus manufacturing overhead
______7.Used by companies that mass-produce similar products or employ a
continuous
​production process
______8.An example of a company that would not use process costing
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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eap8eap8
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A year ago
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BrandyBraden Author
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A year ago
This helped my grade so much Perfect
bioc
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Brilliant ツ
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Just got PERFECT on my quiz
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