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Which of the following statements about product cost assignments to individual products in a just-in-time (JIT) manufacturing environment is true? a. Driver tracing is used

Which of the following statements about product cost assignments to individual products in a just-in-time (JIT) manufacturing environment is true?

a. Driver tracing is used for assigning repairs and maintenance costs.

b. Driver tracing is used for assigning the depreciation on equipment.

c. Allocation is used for assigning insurance and taxes.

d. Allocation is used for assigning costs incurred for custodial services.

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