Manufacturers producing unique or customized products would employ a(n)
A)process costing system.
B)job-costing system.
C)homogeneous costing system.
D)all of the above.

Question

Quizplus · Accepted Answer

Job-costing system is best suited for manufacturers producing unique or customized products as it tracks the cost of each individual job or product. This allows for accurate costing and pricing for each job and provides an understanding of the costs and profits associated with each job. Process costing system is more suitable for products that are produced in large quantities and are similar in nature. Homogeneous costing system is not a commonly used term in accounting and does not describe a specific costing system.

Manufacturers Producing Unique or Customized Products Would Employ A(n)