In process costing, costs are accounted for by
A)job.
B)batch.
C)process.
D)year.

Name: In process costing, costs are accounted for by A)job. B)batch. C)process. D)year.
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Question

Quizplus · Accepted Answer

In process costing, costs are accounted for by the process because the focus is on the production process rather than individual jobs or batches. The goal is to determine the cost per unit of output for each process, so costs are accumulated and allocated to each process. The other options are not relevant to process costing.

In Process Costing, Costs Are Accounted for by