Maverick Company had the following transactions last year: 
-The cost of goods manufactured was:
Definitions:
Process Cost Accounting System
A method of accounting used by companies that produce similar or identical units of product in batches employing a consistent process.
Continuous Production
A manufacturing process where production runs 24 hours a day, typically 7 days a week, without interruption.
Like Units
Units of product that are identical or nearly identical in their functions or physical properties.
Materials Requisition
The form or electronic transmission used by a manufacturing department to authorize materials issuances from the storeroom.
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