In Process Costing There Is Never a Balance Remaining in Factory

question 82

True/False

In process costing there is never a balance remaining in Factory Overhead that needs to be closed at period end.

---

Definitions:

Autoimmune

Pertaining to diseases or responses where the body's immune system mistakenly attacks its own cells, tissues, or organs.

Ruminants

A group of herbivorous mammals that are able to acquire nutrients from plant-based food by fermenting it in a specialized stomach prior to digestion, mainly through microbial actions.

Cellulose

Tough, insoluble polysaccharide of glucose monomers; the major structural material in plants.

Microbes

Microscopic organisms, including bacteria, viruses, fungi, and protozoa, that can be either beneficial or harmful to other organisms.