Process-costing systems involve steps where we allocate costs such as materials and labor that are directly traceable

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Process-costing systems involve steps where we allocate costs such as materials and labor that are directly traceable to a batch. Why do we need steps that allocate direct costs?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:57 AM

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Process-costing systems involve steps where we allocate costs such as materials and labor that are directly traceable

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The reason why we need to allocate even direct costs in process costing is that it is generally ...View the full answer

Managerial accounting

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