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Operation costing: 01. tends to parallel process costing with respect to the treatment of conversion cost. 02. O is commonly known as a joint-costing system.

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Operation costing: 01. tends to parallel process costing with respect to the treatment of conversion cost. 02. O is commonly known as a joint-costing system. 03. O would likely be used by a manufacturing plant that produces one model of a single product. 04. O tends to parallel job-order costing with respect to the treatment of conversion cost. 05. O tends to parallel process costing with respect to the treatment of direct materials

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