Multiple Choice Question

Which of the following is a key difference between process and job$-$order costing?

Job$-$order costing is used for indistinguishable products, and process costing is used for different jobs that have unique production requireme

Job$-$order costing systems compute unit costs by department, and process costing systems compute unit costs by dob.

Under process costing, it makes no sense to try to identify materials, labor and overhead costs with a particular customer order.

Process costing accumulates costs by order, and job$-$order costing accumulates costs by department.

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