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Sagot :
True, In process costing, costs incurred in a department are not transferred to the next department.
What are the transmitted in costs as used in a revolution costing system?
Transferred-in costs are the costs collected by the product at any given point in presentation. They are "transferred in" to the new business department that takes the partially finished product and is accountable for restarting the production process.
What is true about revolution costing?
Process costing is an important product costing process for manufacturing businesses that mass produce a large volume of similar effects or units of output. Process costing is widely used in enterprises such as oil refining, food presentation, chemical processing, materials, glass, cement and paint manufacture.
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