Which one of the following is not a feature of
process costing?
equivalent production
classification of costs into fixed and voriable
duration of work in long
dvd
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emergence of more than one product
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duration of work in long is the answer.
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Explanation:
Among the various options given in question statement the correct option is the last one.
When we consider costing process, we need to check or equate cost of production to actual production. Then we need to categories cost into fixed and variable cost. Moreover, the labour costing will be effected by their overtimes, if labour works more than duty time then overtimes will add in operations cost
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