In a process costing system,the first step is to summarize the physical flow of units so that Units to be accounted for equals Units sold.

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In a process costing system, the first step is to summarize the physical flow of units to determine the total units to be accounted for, which includes both units sold and units still in process or finished goods inventory, not just units sold.

In a Process Costing System,the First Step Is to Summarize