Under what conditions would it be appropriate to use a process Essays

Under what conditions would it be appropriate to use a work atcosting system?Process costing system fag be used in industries that produce intrinsicly homogenous products on a continuous basis, such as bricksand paper.2. In what ways be job-order and solve costing equivalent?Job-order and process costing be similar in three ways that the bookdeclares. One, both systems have the like basic purposes- to assignmaterials, labor, and overhead to products and to provide a mechanismfor figuring unit product costs. Second, both systems use the samebasic manufacturing accounts, including Manufacturing Overhead, nakedMaterials, Work In Process, and Finished Goods. Third, the flow ofcosts through the manufacturing accounts is essentially the same in bothsystems.3. Costing are accumulated by job-order costing system how are costaccumulated in a process costing system?Under process costing, costs are accumulated by department, ratherthan by order, and assign these costs uniformly to all units that passthrough the department during a period.4. What two essential features characterize any treatdepartment in a process costing system?The first feature is the activity performed in the processingdepartment must(prenominal) be performed uniformly on all units transition throughit. The second feature is the output of the processing department mustbe homogeneous.5. Why is cost accumulation easier in a process costing departmentin a job-order ...