is not a step in process costing.
A) Calculating output in terms of equivalent units
B) Calculating unit costs
C) Summarizing the total costs by job
D) Summarizing the total costs to account for

Question

Quizplus · Accepted Answer

Process costing involves calculating equivalent units, unit costs, and summarizing total costs to account for, but it does not involve summarizing costs by job, which is a step in job costing.

Is Not a Step in Process Costing