2. Which of the following statements is true about process costing? ...
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Accounting
Which of the following statements is true about process costing? a It has elements of both job order costing and prime costing. b It is often used by companies that manufacture units of a product that are indistinguishable from each other. c It is often used by companies that manufacture classes of products that are unique. d It provides product costs for each quantity of product that is manufactured.
Which of the following statements is true about process costing?
a It has elements of both job order costing and prime costing.
b It is often used by companies that manufacture units of a product that are indistinguishable from each other.
c It is often used by companies that manufacture classes of products that are unique.
d It provides product costs for each quantity of product that is manufactured.
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