Question

A process costing system is employed in those situations where: Question 3 options: A) full or absorption cost approach is not employed. B) where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis. C) many different products, jobs, or batches of production are being produced each period. D) a service is performed such as in a law firm or an accounting firm.

Answer 1

The correct option is option B.

Step-by-step explanation:

Hence a process costing system is employed in those situations

where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.