COST ACCOUNTING
PROCESS COSTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The principal difference between process costing and job costing is that in job costing an averaging process is used to compute the unit costs of products or services.
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True
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False
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Explanation:
Detailed explanation-1: -The principle difference between process costing and job costing is that in job costing an averaging process is used to compute the unit costs of products or services. Process-costing systems separate costs into cost categories according to the timing of when costs are introduced into the process.
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