MCQOPTIONS
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| 1. |
In process costing system, the predetermined overhead rate is computed. |
| A. | Only once and used for all the processing department |
| B. | Separately for each processing department |
| C. | Only for the first processing department where units are started |
| D. | Only for the last department where units are completed and transferred to finished goods area. |
| Answer» C. Only for the first processing department where units are started | |