Process costing is used in companies that

Question

Quizplus · Accepted Answer

Process costing is used in industries where goods are produced on a large scale, typically involving a standardized production process. The production of bricks fits this description, as it involves a repetitive process where a large number of identical units are produced. Road and bridge construction, sailboat customization, and house construction, on the other hand, involve unique projects with different materials and processes for each project, making them better suited to job costing.

Process Costing Is Used in Companies That