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Statement I : A variable production cost incurred after split-off is relevant in a decision regarding whether the product should be processed further or not.

Statement I: A variable production cost incurred after split-off is relevant in a decision regarding whether the product should be processed further or not.

Statement II: Bottleneck resource is a particular resource or operation where capacity is more than the demand placed upon it.

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Only Statement I is True

Only Statement II is True

Both Statements are False

Both Statements are True

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