An Operation Costing System Is

question 145

Multiple Choice

An operation costing system is:

• A) identical to a process costing system except that actual cost is used for manufacturing overhead.
• B) the same as a process costing system except that materials are allocated on the basis of batches of production.
• C) the same as a job order costing system except that materials are accounted for in the same way as they are in a process costing system.
• D) the same as a job order costing system except that no overhead allocations are made since actual costs are used throughout.

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Definitions:

Passed

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They're

A contraction of "they are," used to refer to two or more people, animals, or things.

Effected

Refers to something that has been brought about or achieved; an outcome that has been realized.

Ostentatious

Characterized by vulgar or pretentious display; designed to impress or attract notice.