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Explain step one and step two for the production cost report

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Accounting

Explain step one and step two for the production cost report

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Explain step one and step two for the production cost report Preparation of production cost report involves four steps These steps are as follows Compute the physical unit flow Compute the equivalent units of production Compute the unit production costs Prepare the cost reconciliation schedule Computation of physical unit flow Physical unit flow comprises of units work in process in the    See Answer
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Explain step one and step two for the production cost report

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