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Author Question: Which of the following statements is true of a backflush costing system? (Read 140 times)

darbym82

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on: Mar 6, 2021
Which of the following statements is true of a backflush costing system?
◦ All costs are tracked sequentially as products pass through each stage of production.
◦ When inventories are minimal, as in JIT production systems, backflush costing complicates costing systems.
◦ Usage of a backflush costing system does not satisfy the absorption costing rules of GAAP
◦ Backflush costing increases the ability of the accounting system to pinpoint the uses of resources at each step in the production process.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by darbym82 on Mar 6, 2021

Meganchabluk

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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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darbym82

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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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