PROCESS COSTING Definition

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PROCESS COSTING is a method of cost accounting applied to production carried out by a series of chemical or operational stages or processes. Its characteristics are that costs are accumulated for the whole production process and that average unit costs of production are computed at each stage.

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KONVERTIBILNA PFENIGA is a currency of Bosnia & Herzegovina.

EQUITY is, normally, ownership or percentage of ownership in a company or items of value.

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