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harina [27]
3 years ago
11

The cost system best suited to industries that manufacture a large number of identical units of commodities on a continuous basi

s is
Business
1 answer:
ValentinkaMS [17]3 years ago
7 0

Answer:

Process Costing

Explanation:

Process Costing allows so many units to be in production at the same time which are identical. The cost of each unit can be determined by calculating the average price using to total units produced.

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Answer:

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A profit of $630,000 has been earned as a result of the sale of the Patent, whereas a loss of $75,000 has been incurred as a result of sale of Equipment.

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