The last step in the accounting procedure for process costing is the calculation of equivalent units of production.

Name: The last step in the accounting procedure for process costing is the calculation of equivalent units of production.
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The last step in the accounting procedure for process costing is the preparation of a cost reconciliation report, which summarizes the costs accounted for and ensures they match the costs to be accounted for.

The Last Step in the Accounting Procedure for Process Costing