Process costing should be used to assign costs to products when the:
A)units produced are similar
B)units produced are dissimilar
C)calculation of unit costs requires the averaging of unit costs over all units produced
D)Either A or C are correct.

Question

Quizplus · Accepted Answer

Process costing is used when the units produced are similar and the calculation of unit costs requires the averaging of unit costs over all units produced, therefore both Choices A and C are correct.

Process Costing Should Be Used to Assign Costs to Products