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A Firm Using Process Costing Needs to Reconcile the Number

Question 38

Multiple Choice

A firm using process costing needs to reconcile the number of physical units in order to:


A) account for units that have different percentages of completion.
B) determine the number of units that were started during the period.
C) reconcile beginning Work in Process Inventory with ending Work in Process Inventory.
D) separate physical units from the equivalent units.

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