The term backflush costing is unique to JIT inventory management methods. What exactly does the term mean?

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The term backflush costing is unique to JIT inventory management methods. What exactly does the term mean? How does backflush costing differ from other accounting approaches to product costing?

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Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

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Question Posted: Oct 05, 2021 01:12 AM

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The term backflush costing is unique to JIT inventory management methods. What exactly does the term mean?

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Backflush costing is a unique inventory management method used in justintime JIT ma...View the full answer

Managerial Accounting An Integrative Approach

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