Operation Costing

Multiple Choice

Operation costing:

A) tends to parallel job-order costing with respect to the treatment of conversion cost.
B) tends to parallel process costing with respect to the treatment of conversion cost.
C) tends to parallel process costing with respect to the treatment of direct materials.
D) would likely be used by a manufacturing plant that produces one model of a single product.
E) is commonly known as a joint-costing system.