Process cost accounting systems are commonly used by companies that manufacture standardized products by passing them through a series of manufacturing steps.

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Process cost accounting systems are designed for companies that produce large quantities of identical products through a series of standardized manufacturing steps. Examples of such products include beverages, chemicals, and electronics. By contrast, job cost accounting systems are used for companies that produce unique, custom-made products, such as buildings, software, and custom machinery.

Process Cost Accounting Systems Are Commonly Used by Companies That