Process cost accounting is useful for costing homogeneous products such as base models of automobiles.

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Process cost accounting is best suited for industries that produce large quantities of identical products, such as food processing, chemical manufacturing, and automotive production. This allows the costs to be averaged and allocated across all units produced, resulting in a per-unit cost that is easy to determine. Therefore, it is useful for costing homogeneous products such as base models of automobiles.

Process Cost Accounting Is Useful for Costing Homogeneous Products Such