Suppose your production manager tells you that one-half the WIP is 20% complete in terms of conversion,
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Let us say that there are X units in WIP Then we would say that WIP has 045X 020 ...View the full answer
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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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