A process costing system is employed in those situations where:
A: many different products, jobs, or batches of production are being produced each period.
B: where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
C: a service is performed such as in a law firm or an accounting firm.
D: full or absorption cost approach is not employed.
A: many different products, jobs, or batches of production are being produced each period.
B: where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
C: a service is performed such as in a law firm or an accounting firm.
D: full or absorption cost approach is not employed.
举一反三
- Process costing is more appropriate for situations where the products are identifiable in the whole production process.
- What term is used to describe the process of charging service cost centre overheads to the various production cost centres? A: Absorption B: Apportionment C: Allocation D: Re-apportionment
- Which of the two cleaning process controls are included by Cleaner Production?() A: control before production B: control after production C: the whole process of production D: the whole process of product cycle
- Price discrimination occurs when: A: the same product is sold by a firm to different consumers for different prices. B: consumers sell products to one another. C: the same product is produced by a firm with different costs of production. D: a firm charges the same price to consumers with different levels of income.
- A company would use a job order costing system when identical products are produced each period. A: 正确 B: 错误