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Troll Corp had the following financial data related to the years ended December 31:
Prepare a statement of cash flows for the year ended December 31,2021,using the indirect method.
Equivalent Units
A concept in cost accounting used to allocate costs to partially completed goods, expressed in terms of fully completed units.
Equivalent Units
A concept used in cost accounting to denote the amount of completed units that could have been produced given the total amount of direct materials and labor consumed.
Materials Requisitions
Documents or requests used within a company to authorize the retrieval or usage of materials from inventory for production purposes.
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