Companies that use a series of repetitive manufacturing processes to produce standardized products should use a process costing system. True or False True False

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Business

Weston Sweeney

19 December, 03:37

Companies that use a series of repetitive manufacturing processes to produce standardized products should use a process costing system. True or False True False

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Answers (1)

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Beau Raymond · Answer 1

true

Explanation:

When the production is streamlined and non-stop it is better to use the process cost system. As the equivalent units approach used in this system manages to represent the complicated task to determinate, the amount of work the Work in Process has.

Process costing describe how to assigning manufacturing costs to the units produced by using the idea of equivalent units