Process costing is most likely used in which of the following industries?
A)Aircraft
B)Chemicals
C)Construction
D)Printing

Question

Quizplus · Accepted Answer

Process costing is commonly used in industries that involve the production of large quantities of homogeneous products, such as the chemical industry. This method allows for the calculation of average costs per unit of output, which can be particularly useful when dealing with high volumes of production. The other industries listed, such as aircraft, construction, and printing, may use different methods of costing more suited to their particular production processes.

Process Costing Is Most Likely Used in Which of the Following