The_____ system is better suited for a single physical unit or a few like units.
A)process-costing
B)period-costing
C)product-costing
D)job?order-costing

Question

Quizplus · Accepted Answer

Job-order costing is best suited for a single physical unit or a few like units as it involves tracking the cost of each specific job or order. This system is used to determine the cost of custom-made goods, such as personalized cars or handcrafted furniture. On the other hand, process-costing and product-costing systems are more appropriate for large-scale production where costs are accumulated over a long period of time, while period-costing systems are used to calculate expenses like rent, utilities, and salaries that are not directly connected to the production process.

The_____ System Is Better Suited for a Single Physical Unit