Which of the following companies will most likely use a process costing system?

Question

Quizplus · Accepted Answer

A company that produces recycle bins is likely to have a uniform production process in which large quantities of identical products are produced. This is a characteristic of process costing, which assigns costs to each stage of the production process. The other options involve more customized, non-uniform production processes that would be better suited for job costing.

Which of the Following Companies Will Most Likely Use a Process