Which type of costing system works best with a large number of homogeneous products?
A) parallel costing
B) process costing
C) job-order costing
D) sequential costing

Question

Quizplus · Accepted Answer

Process costing works best with a large number of homogeneous products as it is designed to allocate costs to each unit of output in a continuous production process. This method is common in industries such as chemical, pharmaceutical, and food processing where there is a high volume of identical products being produced.

Which Type of Costing System Works Best with a Large