Process costing is used to account for costs in:
A) Custom manufacturing
B) Services such as health care
C) Mass production
D) None of the above

Question

Quizplus · Accepted Answer

Process costing is used to account for costs in mass production environments where large quantities of identical or similar products are produced. This often involves a continuous production process with little variation in the product being produced. Custom manufacturing and service industries such as healthcare typically involve unique or personalized products/services, making process costing less appropriate.

Process Costing Is Used to Account for Costs In