In process costing,a separate work in process account is kept for each:
A) individual order.
B) equivalent unit.
C) processing department.
D) cost category (i.e., materials, conversion cost).

Question

Quizplus · Accepted Answer

In process costing, separate work in process accounts are maintained for each processing department. This allows for the tracking of costs and the calculation of equivalent units for each stage of production. Separate accounts are not kept for individual orders, materials or conversion costs.

In Process Costing,a Separate Work in Process Account Is Kept