Which of the Following Is True

question 120

Multiple Choice

Which of the following is true?

• A)In job costing,firms collect costs for each "unit" produced.
• B)In process costing,firms accumulate costs in a department or production process during the accounting period,then spread those costs evenly over the units produced that period,computing an average unit cost.
• C)Process costing does not require as much record keeping as job costing system because it does not require keeping track of the cost of each job.
• D)All of the answers are correct.

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