23. Process costing is suitable for
(A) oil refing firms
(B) hospitals
(C) Transport firms
(D) Brick laying firms
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❥︎Process costing
❥︎Process costing is a type of operation costing which is used to ascertain the cost of a product at each process or stage of manufacture. ... Costs are averaged over the units produced during the period". Process costing is suitable for industries producing homogeneous products and where production is a continuous flow.
❥︎ Hence,the correct option is (D
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