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How many work in process accounts will use

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Reference no: EM132998384

Problem 1: If a company uses a process costing system to account for costs in its four production departments, how many Work in Process accounts will it use?

A.5

B.3

C.4

D.1

Problem 2: Which of the following is not expected from a product costing system?

A.Ending values for all inventory accounts

B.Ideas for new products

C.Unit cost information

D.Data that will support management decisions

Reference no: EM132998384

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