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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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