Accounting firms,building contractors,and healthcare providers use process costing.

Question

Quizplus · Accepted Answer

Accounting firms and healthcare providers typically use job costing because their services are unique to each client. Building contractors can use either job costing for unique projects or process costing if they produce standardized products in mass quantities, but process costing is more commonly associated with manufacturing continuous goods like chemicals or food.

Accounting Firms,building Contractors,and Healthcare Providers Use Process Costing