If a company which use predetermined rates for materials and conversion costs overestimates its materials cost per equivalent unit then: a. Cost of goods manufactured will be overstated
B) Cost per equivalent unit will be understated
C) Net income will not be affected
D) The ending balance in work-in-process will be understated

Question

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The Answer of If a company which use predetermined rates for materials and conversion costs overestimates its materials cost per equivalent unit then: a. Cost of goods manufactured will be overstated
B) Cost per equivalent unit will be understated
C) Net income will not be affected
D) The ending balance in work-in-process will be understated

If a Company Which Use Predetermined Rates for Materials and Conversion