Choose the most likely used costing system for the industries listed below.
-Costing system used by a tire manufacturer.
A)Process Costing
B)Job Order Costing

Question

Quizplus · Accepted Answer

Tire manufacturing involves a continuous flow of identical products through a series of processes, making it more suitable for process costing. The costs incurred in each process can be aggregated and allocated to the final product based on the number of units produced.

Choose the Most Likely Used Costing System for the Industries