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Below are statements of differences and similarities between job costing and process costing. Which statements are false? There may be more than one false statement.
Below are statements of differences and similarities between job costing and process costing. Which statements are false? There may be more than one false statement. A. Job costing typically identifies individual product units. B. Job costing can be used to cost bulk orders for the same product, and is thus like process costing. C. Process costing does not identify individual product units. D. Process costing could be used in a food company, such as a dairy products company. E. When process costing is used in a company with more than manufacturing process, the cost of the first process is the only cost considered. Costs of further processing is ignored
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