answer 57-60

transferred in units transferred to the Filtering Department in September under the first-in-first-out (FIFO) method? A) 800 units B) 1,000 units C) 500 units D) 400 units TRUE/FALSE. Write T if the statement is true and 'F' if the statement is false. 56) Under a process costing system, product costs are accumulated with respect to jobs completed. 57) Significant changes in costs are not exposed in a first-in-first-out (FIFO) method. 58) Activity-based costing can be used in determining the cost of services as well as products. 59) Process costing is the most appropriate costing method for a restaurant serving specialty cuisine. 60) Activity-based costing uses a common allocation base for all activities