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Author Question: U.S. tax reporting requires end-of-period reconciliation between actual and applied indirect costs ... (Read 35 times)

anjilletteb

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on: Mar 6, 2021

Question 1

The proration approach restates only the ending balances of two inventory accounts: work-in-process and finished goods, to what  they would have been if actual rates had been used.
◦ true
◦ false

Question 2

U.S. tax reporting requires end-of-period reconciliation between actual and applied indirect costs using the adjusted allocation-rate method or the proration method.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by anjilletteb on Mar 6, 2021

jessofishing

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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anjilletteb

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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