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hoa [83]
3 years ago
11

A process costing system:

Business
1 answer:
adell [148]3 years ago
7 0

Answer:

C. uses a separate Work-in-process account for each processing department.

Explanation:

A process costing system -

The term of process costing system is used in the method of cost account .

Where it refers to the method to assign and collect the cost of the goods and services manufactured per unit , is referred to as the process costing system .

The method is very efficient and useful during the production of goods and services in large quantities .

The method is appropriate for different department , where each department is assigned a separate processing method i.e. , if in company there are three major departments , then each department is assigned a specific process costing system , which is specific for a specific department .

Hence , from the question ,

The correct answer is c.  

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Answer:

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Explanation:

Giving the following information:

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Fixed overhead $ 160,000

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Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40

Total variable cost= 20000units* 40= $800,000

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