Analysis of physical flows of units


Michael, Inc., uses a process-costing system. A newly hired accountant has identified the following procedures that must be performed by the close of business on Friday: 1-Calculation of equivalent units 2-Analysis of physical flows of units 3-Assignment of costs to completed units and units still in process 4-Calculation of unit costs Which of the following choices correctly expresses the proper order of the preceding tasks?

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Accounting Basics: Analysis of physical flows of units
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