contestada

Which of the following statements is true of process​ costing? A. It tracks and assigns both period costs and product costs to units produced. B. It assigns manufacturing overhead costs to products only in the last production process. C. It uses one​ Work-in-Process Inventory account. D. It accumulates product costs by production departments.

Respuesta :

eooyibo123

Answer:

B) It accumulates product costs by production departments.

Explanation:

Process cost is used to ascertain the cost of a product at all stages of production. Total cost is an addition of all the individual process costs. Usually this is used in companies that produce homogeneous goods.

For example manufacturers for processed foods, and chemicals.

Tundexi

The true statements about the process​ costing is that Its accumulates product costs by production departments.

A process cost refers to a cost that is used to ascertain the cost of a product at all stages of production.

The total cost is an addition of all the individual process costs

The process cost are used in companies that produce homogeneous goods.

Hence, the true statements about the process​ costing is that Its accumulates product costs by production departments.

Therefore, the Option D is correct.

Raed more about process​ costing

brainly.com/question/294129

Otras preguntas