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When was the juvenile justice system established?
Process Costing System
An accounting system used to accumulate costs in industries where production is continuous and units are indistinguishable from one another.
Conversion Costs
Costs required to convert raw material into finished goods, primarily comprising labor and overhead expenses.
Cost Reconciliation Report
A summary that explains the differences or changes between the planned or standard costs and the actual incurred costs.
Work In Process Inventory
Work in process inventory includes items that are in the production process but not yet completed or ready for sale.
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