Which of the following businesses is most likely to use a process costing system?
A) a baker producing cakes to order
B) a legal service provider
C) an audit service provider
D) a candy manufacturer

Question

Quizplus · Accepted Answer

Process costing is a method of accounting used by manufacturing businesses that produce large quantities of identical or similar products. As a candy manufacturer produces large volumes of candy that are similar, they are most likely to use a process costing system.

Which of the Following Businesses Is Most Likely to Use