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Which of the following statements about processing costing is false? Process costing accumulates costs by department. Process costing assigns departmental costs uniformly to all identical

Which of the following statements about processing costing is false?

  • Process costing accumulates costs by department.
  • Process costing assigns departmental costs uniformly to all identical units that pass through the department during a period.
  • Process costing systems compute unit costs by department.
  • Process costing is used when a company produces a continuous flow of units that are distinguishable from one another.

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