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As she walked through her neighborhood,Jodie,a 6-year-old girl,frequently saw a large brown dog.She repeatedly walked to the do to pet it,but as her hand approached the animal,it barked and bit her.The bite was painful and caused her to cry.Now Jodie cries when she sees dogs of any color or size.Jode's crying when she sees dogs is the ________.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated by adjusting the beginning inventory for purchases and sales during the period.
Materials
The raw items or supplies used in the manufacturing of a product or in the operation of a business.
Equivalent Unit
A measure used in process costing that converts partially completed units into a number of fully completed units.
Process Costing System
A method of costing used for homogeneous products that are continuously produced, assigning costs to units of output on the basis of direct materials, labor, and manufacturing overhead.
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