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Which of the following is not a characteristic of a process cost system? A) The costs incurred in each process are accumulated in separate Work-in-Process
Which of the following is not a characteristic of a process cost system?
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A) | The costs incurred in each process are accumulated in separate Work-in-Process Inventory accounts. |
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B) | It is suitable for mass-produced operations. |
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C) | Costs are accumulated separately for each unit of production as it moves through the factory. |
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D) | The cost of a finished unit is the sum of the unit costs of performing each manufacturing process. |
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