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inding mill cost reports

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inding mill cost reports

Definition and explanation. Thecostof productionreport(CPR) is a document used in process costing system that summarizes the information about the flow of units andcoststhrough the work in process account of a processing department. It is equal to the jobcostsheet prepared in a job order costing system.A separatecostof productionreportis prepared for each processing department.

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