1. A hybrid costing system is not:
a. An operation costing system
b. Used when there are modifications beyond a common processing point
c. Used in a pure process costing environment
d. An amalgam of process and job costing systems
2. Process costing treats an entire production process as:
a. A single job
b. A large number of separate jobs
c. A single work center
d. A large number of work centers
3. The largest problem with process costing is:
a. Assigning costs to products in an efficient manner
b. Assigning costs where individual products cannot be differentiated
c. Using an estimated percentage of completion
d. Assigning costs to identical products