Question

prosses costing is applied when
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Answer 1

Answer:

Process costing is appropriate for companies that produce a continuous mass of like units through series of operations or process. Also, when one order does not affect the production process and a standardization of the process and product exists.

Answer 2

Quєѕ:-Whєn íѕ prσcєѕѕ cσѕtíng αpplíєd?

Anѕ:-Prσcєѕѕ cσѕtíng íѕ ѕuítαвlє fσr cσmpαníєѕ thαt fαвrícαtє α uníntєrruptєd mαѕѕ σf líkє unítѕ thrσugh ѕєquєncє σf σpєrαtíσnѕ σr prσcєѕѕ. 

❖Prσcєѕѕ cσѕtíng:-Prσcєѕѕ cσѕtíng íѕ αn αccσuntíng mєthσdσlσgч thαt trαcєѕ αnd cσllєct dírєct cσѕtѕ, αnd αѕѕígn índírєct cσѕtѕ σf α mαnufαcturíng prσcєѕѕ.