v Question Completion Status: QUESTION 1 Which of the following statements about a process costing system is incorrect? a. In a process costing system, each processing department has a work in process account. O b: In a process costing system, equivalent units are separately computed for materials and for conversion costs. C. in a process costing system, overhead can be underallocated or overallocated just as in the job-order costing Od in a process costing system, material costs are traced to units of products. OUESTION 2 Click Save ond Submit to save and submik Clhck save diek sa idlick save