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    Accounting Study Set 1
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    Exam 20: Process Costing
  5. Question
    The Production Cost Report for Department 2 Shows That $457,000
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The Production Cost Report for Department 2 Shows That $457,000

Question 161

Question 161

True/False

The production cost report for Department 2 shows that $457,000 was assigned to the 51,000 units transferred to Finished Goods Inventory.Cost of goods sold equals $457,000.Process costing is used.

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