ACC 561 Week 4 Individual Assignment, Production Cost Memo

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ACC 561 Week 4 Individual Assignment, Production Cost Memo

The purpose of this memo is to provide you with a clarification to why the numbers that were …..in the production cost reports are accurate. This will also show you how those numbers were configured by the accountant assigned to count your inventory. First, you will need to understand that the inventory that is not shown is the equivalent units of production. Which will always be less than the actual inventory in stock. Remember that equivalent units “measure the work done during the period, expressed in fully completed units” (Kimmel, Weygandt, &Kieso, 2016)…………….Continued (5 Pages with References)acc 561 week 4