The hybrid-costing system that applies to batches of similar,but not identical products is the:
A)job-costing system.
B)process-costing system.
C)product-costing system.
D)operation-costing system.
E)manufacturing-costing system.

Question

Quizplus · Accepted Answer

The operation-costing system is a hybrid-costing system that applies to batches of similar products, which have some common characteristics but may not be identical. This system identifies and accumulates costs for each operation or stage of production. It is often used in industries that produce goods in large batches but with some variations, such as in the production of electronics, appliances, and machinery. The other options, job-costing, process-costing, product-costing, and manufacturing-costing systems, are different costing methods that apply to other types of production systems.

The Hybrid-Costing System That Applies to Batches of Similar,but Not