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    Question

    Process costing is suitable

    for
    A Hospitals Correct Answer Incorrect Answer
    B Oil refing firms Correct Answer Incorrect Answer
    C Transport firms Correct Answer Incorrect Answer
    D Brick laying firms Correct Answer Incorrect Answer

    Solution

    Process costing is suitable for oil refing firms. Process costing is suitable for industries producing homogeneous products and where production is a continuous flow.

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