Question

2. Process cost is very much applicable in
(a) Construction industries (b) Harmaceutical industry
(c) Airline company
(d) None of these​

Answer 1

answer is construction industries

Answer 2

Process cost is very much applicable in pharmaceutical industries.

• Option “B” is correct i.e. pharmaceutical industries.

• Companies that produce alike units such as wood, tile, block manufacturers, cereal makers, or pharmaceutical companies exploit process costing.

• Usually, companies exploit process costing when: Mass production of alike products. Yield of products is of low value.

• Process costing is a technique of costing used mostly in manufacturing where units are unceasingly mass-produced through one or more processes.

Hope  it helped...