Question

Which type of costing system works best with a large number of homogeneous products?
a. parallel costing
b. job-order costing
c. process costing
d. sequential costing?

Answer 1

the answer is C.Process Costing
Processing cost happens when company produce a large quantity of product that are nearlly identical visually.
This system based on leveraging the fixed-cost that will remain the same no matter what and how much the resource is used to produce the produc tuntil it's sold to the customers