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A report prepared periodically by a processing department, summarizing (1) the units for which the department is accountable and the disposition of those units and (2) the costs incurred by the department and the allocation of those costs between completed and incomplete production, is termed a _________.

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sandlee09

Answer:

Cost of Production Report.

Explanation:

According to my research on different business tasks and responsibilities, I can say that based on the information provided within the question the term being mentioned is called the Cost of Production Report. This is what is being defined in the question and basically summarizes the production and cost activity within a department for a reporting period

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