Chapter 4 Managerial Accounting 226 on without the pri Process Costing True /False Questions 1. When materials are purchased in a process costing system, a materials account is debited with Ef the cost of the materials True False The following journal entry would be made in a processing costing system when u been completed with respect to the work done in Processing Processing Department Z to Processing Department Y Work in Process, Department Z 3. Department Z are transferred from Work in Process. DepartmentY True (Fal g system, dissimilar products are restated In order to equitably allocate costs in a process costin in terms of equivaient units by weighting the number of units produced by their market values. 5. True False 7. In calculating cost per equivalent unit under the weighted-average method, prior period costs are not combined with current period costs True False Using process costing, it is necessary to consider the stage of completion of the units when assigning conversion cost to partially completed units in the ending work in process inventory 9. True False