Information on a production cost report is used to transfer costs and units of output from one manufacturing center to another in a(n):

Question

Quizplus · Accepted Answer

In a process costing system, the production cost report is used to track and transfer costs and units of output from one manufacturing center to another as the product moves through various stages of production. Job order costing and activity-based costing systems do not typically use production cost reports in this manner.

Information on a Production Cost Report Is Used to Transfer