Question

An operations costing system is:

Answer 1

Answer:

C. An operations costing system is the same as job  order costing system except that materials are accounted for in the same way as they are in process costing system

Explanation:

Operation costing is a hybrid of both job costing and process costing which can either used for:

• products which use different materials initially but ends up using a common process for production that is same process for different group of products.
• product has identical processing  initially for different group of products and ends up with more product specific procedures.