Question: What is the role for process costing in a Just-in- Time (JIT) production environment, where working-process inventories are negligible? For example, at any given point
What is the role for process costing in a Just-in- Time (JIT) production environment, where working-process inventories are negligible? For example, at any given point in time a JIT plant might only have 2 hours worth of production in process.
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