I.-JOB-ORDER COSTING is suitable when a single production of batch or products is manufactured according to a customer's specification. II.-A PROCESS COSTING system is used by companies that produce...

I.-JOB-ORDER COSTING is suitable when a single production of batch or products is manufactured according to a customer's specification. II.-A PROCESS COSTING system is used by companies that produce similar or identical units of product in batches employing a consistent process.

A. Both statements are true.
B. Both statements are false.
C. Statement I is true while statement II is false.
D. Statement I is false while statement II is true.