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Author Question: Process-costing systems using standard costs record standard direct material costs in Direct ... (Read 75 times)

kodithompson

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Question 1

In companies that produce masses of identical or similar units of output and consequently use process-costing systems, it is relatively easy to set standards and use a standard cost as the cost per equivalent unit.
◦ true
◦ false

Question 2

Process-costing systems using standard costs record standard direct material costs in Direct Materials Control and standard conversion costs in Conversion Costs Control.
◦ true
◦ false


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Marked as best answer by kodithompson on Mar 6, 2021

medine

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kodithompson

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Reply 2 on: Mar 6, 2021
Excellent


kjohnson

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Reply 3 on: Yesterday
:D TYSM

 

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