A hybrid-costing system blends characteristics from both job-costing and process costing systems.

Name: A hybrid-costing system blends characteristics from both job-costing and process costing systems.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

A hybrid-costing system combines elements of both job costing and process costing systems to suit a company's specific needs. It can be used for products or services that have both unique features (job costing) and standardized processes (process costing).

A Hybrid-Costing System Blends Characteristics from Both Job-Costing and Process