Process costing systems do not distinguish the cost of one unit of product from another.

Name: Process costing systems do not distinguish the cost of one unit of product from another.
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Question

Quizplus · Accepted Answer

Process costing systems assign costs to each unit of product based on the average cost of all units produced in a given process. Therefore, all units are considered to have the same cost, and there is no distinction between the cost of one unit and another.

Process Costing Systems Do Not Distinguish the Cost of One