In a process costing system,percentage-of-completion factors normally are obtained from
A)accounting records.
B)job order cost cards.
C)supervisors in the production departments.
D)time cards.

Question

Quizplus · Accepted Answer

Percentage-of-completion factors in a process costing system are typically obtained from supervisors in the production departments. These supervisors are directly involved with the production process and are best positioned to estimate the completion stage of products moving through the production lines.

In a Process Costing System,percentage-Of-Completion Factors Normally Are Obtained from