Both job order costing and process costing ________.
A) maintain a single Work-in-Process Inventory account
B) treat all period costs as product costs
C) follow last-in, first-out method for inventory valuation
D) have the same type of product costs

Question

Quizplus · Accepted Answer

The Answer of Both job order costing and process costing ________.
A) maintain a single Work-in-Process Inventory account
B) treat all period costs as product costs
C) follow last-in, first-out method for inventory valuation
D) have the same type of product costs

Both Job Order Costing and Process Costing ________