A hybrid costing system contains:
A) Features of a job-order costing system.
B) Features of a process costing system.
C) Features of both variable and absorption costing systems.
D) Features of both job-order and process costing systems.

Question

Quizplus · Accepted Answer

A hybrid costing system combines features from both job-order and process costing systems, making it ideal for organizations that produce a variety of products using a mix of processes. This enables the system to track costs more accurately and provides greater flexibility in determining the cost of goods sold.

A Hybrid Costing System Contains