686. State which of the following are the characteristics of service costing. 1. High levels of indirect costs as a proportion of total costs 2. Use of composite cost units 3. Use of equivalent units

(1) only
(1) and (2) only
(2) only
(2) and (3) only
✅ The correct answer is B.
The following that are the characteristics of service costing are High levels of indirect costs as a proportion of total costs and Use of composite cost units.

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