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H3Ko H3Ko
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7 years ago
Young Manufacturing uses a process costing system and manufactures its product in three departments.  Which of the following is not a way in which Young can use the cost per unit of each process?
A) Young can look for ways to cut the costs when actual process costs are more than planned process costs.
B) Young needs to know the ending balances in the following accounts: Work-In-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold.
C) Young can only use the cost per unit of each process if all units are fully completed at the end of the accounting period.
D) Young needs to set the selling price to cover the costs of making the product and provide a profit.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
wrote...
#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
ajr
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#3
7 years ago
I'm liking this Slight Smile
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#4
4 years ago
thank you
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