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Question
Match each of the following phrases to the term (a–i) it best describes.
a. Direct labor and factory overhead
b. Direct labor and direct materials
c. Transferred-in costs
d. Equivalent units
e. Process costing
f. Job order costing
g. First-in, first-out method
h. Cost of production report
i. Whole units
Cost system used by a company producing custom window treatments
Answer
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