Companies using JIT production systems usually have very small inventories or no inventories at all. As a
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Companies using JIT production systems usually have very small inventories or no inventories at all. As a result, a traditional accounting system may be inappropriate. Many of these companies have adopted backflush-costing systems. Do backflush-costing systems work only for companies using a JIT production system? Explain.
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Introduction To Management Accounting
ISBN: 9781292412566
17th Edition, Global Edition
Authors: Charles Horngren, Gary L Sundem, Dave Burgstahler
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