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Which of the following statements is false with respect to job-order costing and process costing? Multiple Choice Both systems assign materlals, labor, and manufacturing overhead

image text in transcribed Which of the following statements is false with respect to job-order costing and process costing? Multiple Choice Both systems assign materlals, labor, and manufacturing overhead costs to products. Both systems compute unit product costs by department. Both systems use the same basic manufacturing accounts, Including Manufacturing Overhead, Raw Materlals, Work In Process, and Finished Goods. The flow of costs through the manufacturing accounts is basically the same in both systems

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