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Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

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BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

How is “yield” determined for a process manufacturer?

To determine

Process costs

It is a method of cost accounting, which is used where the production is continuous, and the product needs various processes to complete. This method is used to ascertain the cost of the product at each process or stage of production.

To Ascertain: The how the process manufacturer determined yield.

Explanation

Yield is a part of the material usage efficiency of a process manufacturer. It is calculated by dividing the output capacity of product by the input capacity of product...

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