Which of the following statements is false? A. In job-order costing, costs are accumulated by job order.
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Question:
Which of the following statements is false?
A. In job-order costing, costs are accumulated by job order.
B. In process costing, costs are accumulated by department.
C. In process costing, the cost per unit in a department isfound by spreading the period's manufacturing costs over theproduction activity.
D. In process costing, the total cost of each unit is found bydividing the total factory costs by the number of unitscompleted.
E. In job-order costing, the unit cost is found by dividing thejob's total cost by the job's total units.
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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