Which of the following entities probably would use a process costing system?
A)An oil refinery
B)A yacht builder
C)A custom furniture company
D)A website designer

Question

Quizplus · Accepted Answer

An oil refinery is a large-scale manufacturing facility that produces a uniform product (gasoline, diesel, jet fuel, etc.) using a continuous and highly automated process. Such an entity is ideal for a process costing system, which assigns the average cost of each unit produced to the final product.

Which of the Following Entities Probably Would Use a Process