The process cost system is appropriate where few products are manufactured and each product is made to customers' specifications.

Name: The process cost system is appropriate where few products are manufactured and each product is made to customers' specifications.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement describes a job order cost system, not a process cost system. Process cost systems are used when large quantities of identical products are manufactured, such as in the production of gasoline or soda.

The Process Cost System Is Appropriate Where Few Products Are