Which is a feature of a process costing system?
A)Unique products pass through individualized processes.
B)Each unit is treated uniquely in receiving a process.
C)Manufacturing costs are accumulated by a process for a given time period.
D)Unit costs are calculated for each job.

Question

Quizplus · Accepted Answer

Process costing accumulates manufacturing costs by process or department for a given period of time, making it suitable for industries where products are indistinguishable from each other, such as chemicals or petroleum.

Which Is a Feature of a Process Costing System