The process costing income statement

e indicated that the withdrawal of foreign troops is a nonnegotiable demand, they still preferred to keep some foreign presence because of the ongoing threat of attacks from other Islamic groups18. Officials warned the President that removing 7,000 troops would result in negative consequences by giving the extremist groups a space to plan against the U.S. and its allies. Army General Austin Miller, the U.S. commander in Afghanistan, has expressed that the continued mission in Afghanistan is crucial to protecting U.S. security19. Additionally, removing half of the armed force from Afghanistan could be dangerous if the remaining troops who were spread too thin or short staffed. The Taliban could see this as a weakness and forcibly depose of the rest in a surprise attack. In contrast, supporters of this strategy argue that the “security in the country is deteriorating, despite the existing U.S. military presence there”20. From an economic standpoint, this option seems like a clear winner – less U.S resources in Afghanistan, less money spent abroad, and less time involved in other countries’ domestic issues. However, I would argue the United States has a heightened obligation to ensure peace in Afghanistan and leaving, would undoubtedly lead to more conflict in the future. Instead of removing all of the troops at once, a more effective method would be to strategically remove them over a period of time, and, in parallel, bring in other organizations like the United Nations to help reconstruct Afghanistan. Post-conflict reconstruction is holistic and multidimensional effort to simultaneously improve military (restoration of law and order), politics (governance), economy (rehabilitation and development) and social condition (justice and reconciliation)21. If the United States put more effort in improving the economic dimension of reconstruction, I believe there will be more meaningful progress. Projects which involves restoring physical infrastructure and facilities, establishing of social services, creating the private sector and implementing structural growth are ways in which a country can build a foundation that is not rooted in corruption and violence. Taking into consideration Afghanistan’s strategic geographic location and natural resour

Sample Solution

Process costing is an accounting technique generally employed by businesses that mass produce identical or extremely comparable goods or output units. It is typical in manufacturing sectors where the production costs of each unit of output are remarkably comparable and it is not practical to track expenses for each unit separately throughout the production process. For instance, oil firms that produce millions of gallons of gasoline and processed food manufacturers who create millions of identical packets of snacks both employ process costing. Instead of recording expenses for each individual item, process costing allows businesses to calculate item cost by keeping track of the costs associated with each step of the production process.