Which of the following is not a characteristic of a process costing system?
A)A specific time period is used
B)Several Work in Process Inventory accounts are used
C)Product costs are grouped by processes,departments,or work cells
D)Customized products are manufactured

Question

Quizplus · Accepted Answer

Process costing systems are used for producing similar products in large quantities, whereas customized products require a job costing system. Therefore, customized products are not a characteristic of a process costing system.

Which of the Following Is Not a Characteristic of a Process