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08-03-2024
Business

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Twin Ltd. uses JIT and back flush accounting. Which of the following statements is true regarding the company's raw material stock control account?
a) Twin Ltd. maintains a detailed raw material stock control account.
b) Twin Ltd. uses JIT and back flush accounting but does not have a raw material stock control account.
c) JIT and back flush accounting are not applicable to Twin Ltd.
d) The standard cost per unit is not relevant to raw material stock control

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