If a company uses a process costing system to account for the costs in its four production departments, how many Work-in-Process will it use?
A) 3
B) 4
C) 1
D) 2

Question

Quizplus · Accepted Answer

A process costing system is used to account for the costs in multiple production departments. Therefore, the company will use one Work-in-Process account for each department, totaling to four Work-in-Process accounts. Option B is the correct choice.

If a Company Uses a Process Costing System to Account