Which costing system is generally used by companies producing high value,customized products?

Name: Which costing system is generally used by companies producing high value,customized products?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Companies producing high value, customized products typically use a job costing system. This is because each product is unique and specific costs can be traced to individual jobs or orders. A job costing system allows for accurate product cost calculations and helps companies make informed pricing decisions.

Which Costing System Is Generally Used by Companies Producing High