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WCUCI can... Indicate whether each of the following statements about costing systems is true or false. Job-order costing systems accumulate product costs by department (Click

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WCUCI can... Indicate whether each of the following statements about costing systems is true or false. Job-order costing systems accumulate product costs by department (Click to select) Job-order costing systems are used by many companies to determine the cost of services provided to customers. (Click to select) Companies use Job-order costing systems when they need to determine the cost of Individual batches of products, (Click to select) Job-order costing systems allocate costs to homogeneous products. Click to select) With a process costing system, the cost per unit of product is calculated by dividing total product cost by number of units produced in a batch (Click to select) 7

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