In Process Costing, Indirect Materials Are Always Classified as Factory

question 218

True/False

In process costing, indirect materials are always classified as factory overhead, even if they are linked with a specific production process or department.

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Definitions:

Coincidence

The occurrence of two or more events at the same time by chance, without any apparent causal connection.

Posttraumatic Stress Disorder

A psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event.

Flashback

The sudden and intense re-experiencing of past experiences or traumas, often seen in PTSD.