Process-costing systems using standard costs usually accumulate actual costs separately from the inventory accounts.

Name: Process-costing systems using standard costs usually accumulate actual costs separately from the inventory accounts.
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Process-costing systems using standard costs separate actual costs from inventory accounts to compare them with expected standard costs. This helps in identifying any variances and taking corrective actions.

Process-Costing Systems Using Standard Costs Usually Accumulate Actual Costs Separately