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Learning Objective: Students' will demonstrate how process costing (weighted average method) is used to determine product cost and then use that information to value inventory and create the company's income statement. Students will also demonstrate how the reported percentage of completion affects the company's operating income.
Spring 2017 process costing file for students to download.xlsxThis Excel file contains the directions, templates, questions, and suggested grading rubric. Notice the tabs to the different worksheets at the bottom of the workbook. This file should be given to students.
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