Which of the following is NOT a necessary step when using a process costing system?

Question

Quizplus · Accepted Answer

Combining fixed expenses with variable costs is not a necessary step in process costing system. Instead, fixed expenses are typically allocated over the units produced, which is a required step in the process costing system. The other answer choices (calculating product cost per unit, determining the cost of ending work-in-process, and determining equivalent units of production) are all necessary steps in a process costing system.

Which of the Following Is NOT a Necessary Step When