How are costs accounted for in process costing?
A)by year
B)by batch
C)by process
D)by job

Name: How are costs accounted for in process costing? A)by year B)by batch C)by process D)by job
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Question

Quizplus · Accepted Answer

Costs are accounted for by process in process costing. This means the costs are accumulated and allocated to each process involved in production, rather than by a specific job or batch. This allows for a more accurate determination of the cost per unit produced within each process.

How Are Costs Accounted for in Process Costing