Which of the following statements related to job-order costing and process costing are true?

Select one:

a.

Under both costing methods, the journal entry to record the cost of goods sold will involve crediting the finished goods account.

b.

Under both costing methods, manufacturing overhead costs are included in the computation of unit product costs.

c.

All of the above are true.

d.

Under both costing methods, the journal entry to record the completion of production will involve crediting a work in process account.