Based on your understanding of the TOC, explain why conventional standard costed work in process inventories might

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Based on your understanding of the TOC, explain why conventional standard costed work in process inventories might hide problems, obscure interdependencies and make it difficult to identify the real constraint in a system. Why might this conventional method lead companies to build excessive work in process inventories?

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Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

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