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Which of the following statements is (are) false regarding cost allocations and product costing? (A) It is easier to determine the individual product cost for

Which of the following statements is (are) false regarding cost allocations and product costing?

(A) It is easier to determine the individual product cost for a manufacturer than it is for a wholesaler.

(B) In general, indirect costs are assigned, while direct costs are allocated.

Multiple Choice

  • Only A is false.

  • Only B is false.

  • Both of these are false.

  • None of these is false

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