The costing system used by a company making computer chips would be
A)process costing.
B)job costing.
C)equivalent units costing.
D)conversion cost costing.

Question

Quizplus · Accepted Answer

Process costing is the most appropriate costing system for a company making computer chips because they produce large volumes of identical units using a continuous production process. This involves the use of standardized materials, labor, and overhead costs that can be allocated to the units produced using the process costing method.

The Costing System Used by a Company Making Computer Chips