In which of the following industries could process costing be used?
A) Petroleum refining
B) Food processing
C) Paper mills
D) All of the given answers

Question

Quizplus · Accepted Answer

Process costing is a costing method that is used when a product is manufactured through a series of continuous processes or operations. All of the given industries (petroleum refining, food processing, and paper mills) involve continuous processes and are suitable for process costing. Therefore, the correct answer is D.

In Which of the Following Industries Could Process Costing Be