Asked by Lewis Robinson on May 20, 2024
Verified
Flour mill
A) Job order costing
B) Process costing
Process Costing
A costing method used in manufacturing where costs are assigned to batches or production runs, making it suitable for homogenous products.
Flour Mill
A facility where grains are ground to produce flour, an essential ingredient in many food products.
- Pinpoint the right costing system for varying production contexts.
Verified Answer
HL
Harshi LakkadMay 22, 2024
Final Answer :
B
Explanation :
Flour mills typically use process costing as they produce large quantities of flour by a continuous process rather than producing distinct batches.
Learning Objectives
- Pinpoint the right costing system for varying production contexts.