The first step performed in preparing a production cost report is computing the physical unit flow.

Name: The first step performed in preparing a production cost report is computing the physical unit flow.
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Quizplus · Accepted Answer

Computing the physical unit flow is the first step in preparing a production cost report. This involves determining the number of units that were started and completed during the period, as well as the number of units that are in process at the end of the period.

The First Step Performed in Preparing a Production Cost Report