Determine the percentage of completion in the ending work

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Problem 1. Why is it necessary for the cost accountant to determine the percentage of completion in the ending work in process inventory at the end of the period? Briefly explain.

Problem 2. There are several ways of determining the behavior of cost. Name at least four and do not discuss them.

Problem 3. How is activity-based cost allocation useful to management for control and evaluation of performance of a department? List three points only and briefly discuss them.

Reference no: EM132754961

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