Select the most appropriate costing system for each of the following industries
* Each costing system may be used more than once.
-Cruise ship builder
A)Process costing
B)Job-order costing

Question

Quizplus · Accepted Answer

For a cruise ship builder, Job-order costing would be a more appropriate costing system. This is because each ship is unique and customized to meet the specific requirements of the buyer. Therefore, the cost of each cruise ship may vary based on the specific features and specifications required by each buyer.

Select the Most Appropriate Costing System for Each of the Following