11) A process costing system is used by companies that produce A) A lower volume of different units B) A high volume of different units C) A high volume of similar units D) A lower volume of similar units 12) In a process costing system A) Physical units partially completed are left partially completed B) Physical units partially completed are sent to scrap and re-work C) Physical units partially completed are not used at all D) Physical units partially completed are standardized into equivalent units 13) The weighted average method of process costing A) Includes any beginning W.I.P. units with the ending group B) Ignores any beginning W.I.P. units C) Includes any beginning W.I.P. units with the transfer group D) Does not use beginning W.I.P. units 14) In the weighted average method of process costing, when materials are added at the beginning of the process A) The completion percentage on the transfer group is 0% B) The completion percentage on the ending group is 100% C) Neither A nor B D) Both A and B