When should process costing method be used in assigning costs of products. (a). If the product is

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When should process costing method be used in assigning costs of products. 

(a). If the product is manufactured on the basis of each order received. 

(b). When production is only partially completed during the accounting period. 

(c). If the product is composed of mass-produced homogeneous units. 

(d). In situations in which standard costing techniques should not be used.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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