Question

Process costing is used to account for:

A. finished goods that are refined and processed further.B. large numbers of products that are produced in a non-repetitive processC. small numbers of products that are produced in batches.D. Large numbers of identical products that are produced in a continuous manufacturing environmentE. raw materials that are converted directly to finished goods.

Answer 1

Answer: Large numbers of identical products that are produced in a continuous manufacturing environment.

Explanation:

Process costing is a method of costing, that takes record of the price of producing a unit of product in a company that Mass produces products that are the same.