Managers use a(n)_____________ system when the output comprises many homogenous (identical or almost identical)units.

Question

Quizplus · Accepted Answer

Process-costing is the best choice in this scenario because it is designed to allocate costs to identical or almost identical products or services produced in large quantities. Process-costing tracks the costs incurred during a specific manufacturing or production process and assigns an average unit cost to each product or service produced. This system is commonly used in industries such as chemical manufacturing, oil refining, and food processing.

Managers Use A(n)_____________ System When the Output Comprises Many Homogenous