Which of the following businesses is most likely to use process costing?
A) custom home builder
B) CPA firm
C) chemical manufacturer
D) custom machine tools manufacturer

Question

Quizplus · Accepted Answer

Process costing is typically used when manufacturing products that are homogeneous and follow a continuous production process, such as a chemical manufacturer. Custom home builders, CPA firms, and custom machine tool manufacturers typically use job costing, as each project or service is unique and requires individual tracking of costs.

Which of the Following Businesses Is Most Likely to Use