A system for assigning costs for products made in a continuous process is
A)process costing.
B)job costing.
C)equivalent units costing.
D)conversion cost costing.

Question

Quizplus · Accepted Answer

Process costing is the most appropriate system for assigning costs for products made in a continuous process, where there is little to no distinction between individual units produced. It involves calculating the average cost of production for a specific period of time, which can be used to allocate costs to units of output based on the equivalent units produced. Job costing, on the other hand, is used for customized or unique products, while equivalent units and conversion cost costing are concepts used within process costing.

A System for Assigning Costs for Products Made in a Continuous