Process costs are determined by:

Name: Process costs are determined by:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Process costs are determined by dividing the costs of the period by the number of equivalent units produced. This method is called the weighted average method and is commonly used in process costing. Option B is the method of cost accounting used in job order costing. Option C is the method of allocating overhead costs in traditional costing, and option D is not a commonly used method in process costing.

Process Costs Are Determined By