Question: Statement I : A variable production cost incurred after split-off is relevant in a decision regarding whether the product should be processed further or not.

Statement I: A variable production cost incurred after split-off is relevant in a decision regarding whether the product should be processed further or not.

Statement II: Bottleneck resource is a particular resource or operation where capacity is more than the demand placed upon it.

Group of answer choices

Both Statements are False

Only Statement I is True

Both Statements are True

Only Statement II is True

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