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What are the two categories that are tracked in process costing systems? Which two costs does
"conversion" costs include? (I trust you are seeing that one category is assumed to be there 100%
from the beginning of production; and the other progressively is added)

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  • 1. What are the two categories that are tracked in process costing systems? Which two costs does "conversion" costs include? (I trust you are seeing that one category is assumed to be there 100% from the beginning of production; and the other progressively is added)