Question: Which of the following is a true statement about process cost systems? A. In process cost systems, costs are accumulated but not assigned. B. In

Which of the following is a true statement about process cost systems?
A. In process cost systems, costs are accumulated but not assigned.
B. In process cost systems, costs are summarized on job cost sheets.
C. Unit costs are not computed in process cost systems
D. A process cost system has one work in process account for each process.

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