Asked by
Javia Gaskins
on Oct 15, 2024
Verified
In a process costing system costs are only measured upon completion of each job.
Process Costing System
An accounting system used to apply costs to similar products that are mass-produced in a continuous fashion.
Completion
The state of being finished or brought to the end, often referring to projects, construction, or specific tasks.
- Distinguish between process costing and job order costing systems.
Verified Answer
AA
Learning Objectives
- Distinguish between process costing and job order costing systems.
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