59. Which of the following businesses is most likely to use process costing?A. chemical plantB. architectural firmC. dentist's officeD. manufacturer of fine furniture Show 60. Which of the following businesses is most likely to use process costing?  61. Manufacturers that produce a large number of homogeneous products are most likelyto use which of the following? 62. Which of the following companies would beleastlikely to use a process costingsystem? 63. What types of costs are normally found in a process accounting system?A. materials, labor and overheadB. materials and laborC. labor and overheadD. overhead, selling and administrative 64. The cost of units finished at the last (final) department will flow from work in processto: 65. Which of the followingbestdescribes sequential processing?
66. Which of the followingbestdescribes parallel processing? Asked by markyoung2485 For which of the following businesses would a process cost system be appropriate? a.Custom furniture manufacturer b.Beverage producer c.Specialty printer d.Auto repair service Answer & Explanation Solved by verified expert Answered by jeroppurity ctum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectet
trices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesqu Unlock full access to Course Hero Explore over 16 million step-by-step answers from our library Subscribe to view answer Step-by-step explanation ia pulvinar tortor nec facili inia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, d Recommended textbooks for you Managerial Accounting: The Cornerstone of Busines... ISBN:9781337115773 Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger Publisher:Cengage Learning Financial And Managerial Accounting ISBN:9781337902663 Author:WARREN, Carl S. Publisher:Cengage Learning, Managerial Accounting ISBN:9781337912020 Author:Carl Warren, Ph.d. Cma William B. Tayler Publisher:South-Western College Pub Principles of Accounting Volume 2 ISBN:9781947172609 Author:OpenStax Publisher:OpenStax College Financial & Managerial Accounting ISBN:9781337119207 Author:Carl Warren, James M. Reeve, Jonathan Duchac Publisher:Cengage Learning Accounting ISBN:9781337272094 Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E. Publisher:Cengage Learning, Managerial Accounting: The Cornerstone of Busines... ISBN:9781337115773 Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger Publisher:Cengage Learning Financial And Managerial Accounting ISBN:9781337902663 Author:WARREN, Carl S. Publisher:Cengage Learning, Managerial Accounting ISBN:9781337912020 Author:Carl Warren, Ph.d. Cma William B. Tayler Publisher:South-Western College Pub Principles of Accounting Volume 2 ISBN:9781947172609 Author:OpenStax Publisher:OpenStax College Financial & Managerial Accounting ISBN:9781337119207 Author:Carl Warren, James M. Reeve, Jonathan Duchac Publisher:Cengage Learning Accounting ISBN:9781337272094 Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E. Publisher:Cengage Learning, Which of the following businesses is most likely to use process costing system?The correct answer is option C.
an accounting firm, B. a law firm, and D. a construction company are all incorrect. Service firms, in general, use a job order cost system rather than a process cost system.
Which of the business will likely to use process cost system?A process costing system is used by companies that produce similar or identical units of product in batches employing a consistent process. A job costing system is used by companies that produce unique products or jobs.
Which of the following would use a process costing system?Answer and Explanation: The correct option is (c) a paint manufacturer. Process costing system is suitable for those industries which have homogenous products, a continuous production line where output of one step is input for successive step.
Which of the following businesses is likely to adopt a process costing system?Process costing is normally used in big industries where the huge quantity is produced like oil refineries, sugar industries.
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Which of the following businesses would most likely use a process costing system
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