A system for assigning costs for products made in a continuous process is:
A)job costing.
B)process costing.
C)equivalent units costing.
D)conversion cost costing.

Question

Quizplus · Accepted Answer

A system for assigning costs for products made in a continuous process is process costing. This is because products are produced in a continuous process, and it is difficult to assign costs to individual units. Instead, the total costs of the process are divided by the number of units produced to arrive at a cost per unit. Equivalent units and conversion cost costing are both components of process costing. Job costing is used for products that are made in batches or individually, not in a continuous process.

A System for Assigning Costs for Products Made in a Continuous