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    Managerial Accounting Study Set 13
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    Exam 22: Fifo Method
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    In the Cost Reconciliation Report, the Costs Accounted for Equals
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In the Cost Reconciliation Report, the Costs Accounted for Equals

Question 68

Question 68

True/False

In the cost reconciliation report, the costs accounted for equals the cost of ending work in process inventory plus the costs added during the period.

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