A company should use process costing, rather than job costing, if: Multiple Choice production is only partially completed during the accounting period. the product is manufactured in batches only as orders are received. the product is composed of mass-produced homogeneous units. the product goes through several steps of production.

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?