Homework 6.docx - Homework#6(Q4-1 Q4-2 E4-1 E4-9 E4-11 E4A-7 Q4-1 Under what conditions would it be appropriate to use a process costing system A

Homework 6.docx - Homework#6(Q4-1 Q4-2 E4-1 E4-9 E4-11...

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Homework #6 (Q4-1, Q4-2, E4-1, E4-9, E4-11, E4A-7) Q4-1) Under what conditions would it be appropriate to use a process costing system? Q4-2) In what ways are job-order and process costing similar? E4-1) A) Work in process – molding department $23,000 Work in process – firing department $8,000 Raw Materials Inventory $31,000 B) Work in process – molding department $12,000 Work in process – firing department $7,000 Wages Payable $19,000 C) Work in process – molding department $25,000 Work in process – firing department

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