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1) A process cost summary is an accounting report that describes the cost changed to each department, the equivalent unit os production by each department,

1) A process cost summary is an accounting report that describes the cost changed to each department, the equivalent unit os production by each department, and determining the cost assigned to each department output. True or False

2) In a process costing, indirect materials are always classified as a factory overhead, even if they are linked with a specific production process or department. True or False

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