Managerial Accounting

Managerial Accounting Assignment.

Production reports are used in process costing environments to track and accumulate information on total units, equivalent units, and costs by departments rather than by individual products. How could the production reports in process costing also be used for controlling or improving operations?

Embed course material concepts, principles, and theories (requires supporting citations) along with at least two scholarly, peer-reviewed reference in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Electronic Library by conducting an advanced search specific to scholarly references.

15-20 lines, 2-3 paragraphs and 2 peer reviewed.

Answer preview:

word limit:322