Question: 9. Companies that use a process-cost accounting system would: a. pass completed production directly to Cost of Goods Sold. b. establish a separate Finished-Goods Inventory

9. Companies that use a process-cost accounting system would: a. pass completed production directly to Cost of Goods Sold. b. establish a separate Finished-Goods Inventory account for each manufacturing department. c. charge goods produced with actual overhead amounts rather than applied overhead amounts. d. establish a separate Work-in-Process Inventory account for each manufacturing department

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