Accountancy, asked by junedalisiwan, 4 months ago

Describe the general features of process costing. Name three industries where process

costing can be applied.

Answers

Answered by sofisajad777

Process costing is a form of operations costing which is used where standardized homogeneous goods are produced. This costing method is used in industries like chemicals, textiles, steel, rubber, sugar, shoes, petrol, etc. Process costing is also used in the assembly type of industries

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