In a process costing system,regardless of the cost approach used,cost of beginning inventory is ignored while computing the cost per equivalent unit.

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In a process costing system, regardless of the cost approach used, the cost of beginning inventory is included when computing the cost per equivalent unit. This is because process costing treats all units in a production department as if they are identical, so the costs of beginning inventory are mixed in with the costs incurred during the current period to determine the total cost of production.

In a Process Costing System,regardless of the Cost Approach Used,cost