1. In process costing, a separate work in process account is kept for each: A) individual order. B) equivalent unit. C) processing department. D) cost category (i.e., materials, conversion cost). 2. A process costing system is employed in those situations where: A) many different products, jobs, or batches of production are being produced each period. B) manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis. C) a service is performed such as in a law firm or an accounting firm. D) full or absorption cost approach is not employed. 3. The Assembly Department started the month with 24,000 units in its beginning work in process inventory. An additional 309,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month? A) 333,000 B) 362,000 C) 304,000 D) 314,000