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Which of the Following Is Correct Concerning Information on the Production

Question 77

Multiple Choice

Which of the following is correct concerning information on the production cost report?


A) The total equivalent units accounted for equals the costs accounted for.
B) Physical units accounted for equals the units transferred out.
C) Total costs charged equals the units completed times the cost per unit.
D) Costs accounted for equals the costs of the units transferred out plus the cost of units in ending inventory.

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