Examlex
What are the distinguishing characteristics of PJCs?
Transferred Out
In cost accounting, refers to the cost of goods or inventory items that have been moved from one production process or department to another.
Units Transferred Out
In process costing, the term refers to the number of units moved from one production department to the next, or to the completed goods inventory.
Units Started
The total number of units of product that began production during a specific period.
Beginning Units
The inventory count at the start of an accounting period.
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