The UVW Manufacturing Company produces a single uniform product throughout the year.Which of the following product costing systems should be used by UVW?
A)job-order costing
B)process costing
C)operation costing
D)batch costing

Question

Quizplus · Accepted Answer

UVW Manufacturing Company should use process costing because they are producing a single uniform product continuously throughout the year. Process costing is used for the manufacturing of homogeneous products in a continuous process. Therefore, it is the most suitable product costing system for UVW.

The UVW Manufacturing Company Produces a Single Uniform Product Throughout