Question: Why do we say that process cost accounting is basically an averaging computation?
Why do we say that process cost accounting is basically an averaging computation?
Step by Step Solution
3.41 Rating (160 Votes )
There are 3 Steps involved in it
Process cost accounting is often referred to as an averaging computation because it utilizes the concept of averaging to allocate costs to units of pr... View full answer
Get step-by-step solutions from verified subject matter experts
