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    Cost Accounting
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    Exam 9: Inventory Costing and Capacity Analysis
  5. Question
    Proration Approach Restates All Amounts in the General and Subsidiary
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Proration Approach Restates All Amounts in the General and Subsidiary

Question 150

Question 150

True/False

Proration approach restates all amounts in the general and subsidiary ledgers by using actual rather than budgeted cost rates.

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