Question

In a​ process-costing system average unit costs are calculated​ ________. A. by dividing total costs in a given accounting period by units started in that period B. by multiplying total costs in a given accounting period by total units produced in that period C. by dividing total costs in a given accounting period by total units produced in that period D. by multiplying total costs in a given accounting period by units started in that period

Answer 1

Answer:

C. by dividing total costs in a given accounting period by total units produced in that period

Explanation:

The process costing is the costing in which the same or homogeneous products are produced in bulk quantities

In this, the average unit cost is calculated by dividing the total cost in the given period by the number of total units produced in the given period

In mathematically,

Average unit cost = (Total cost in the given period) ÷ (Number of total units produced)