Process Costing: 5 Steps to Complete Process Costing
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Process Costing: 5 Steps to Complete Process Costing
@ProfAlldredge This video shows the 5 steps to process costing for a single process. At the end of the 5 steps, you will know the cost of the partially-completed units still in ending WIP inventory as well as the fully-completed units transferred to FGI inventory. This is why we do the 5 steps. For best viewing, switch to 1080p
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