Which step is physical flow analysis in the general pattern of a process-costing production report?
A)The first step.
B)after calculation of equivalent units.
C)after the computation of unit cost.
D)The last step.

Question

Quizplus · Accepted Answer

Physical flow analysis is the first step in the general pattern of a process-costing production report. This involves determining the physical work done in each department and the units of production that have been completed and transferred out of the department, as well as those that are still in process.

Which Step Is Physical Flow Analysis in the General Pattern