Question: the standard - costing method is particularly applicable to process - costing situations. No . standard - cost procedures are not particularly appropriate to process
the standardcosting method is particularly applicable to processcosting situations. No standardcost procedures are not particularly appropriate to processcosting systems where there are various combinations of materials and operations used to make a wide variety of simlar products. it is better to use the weightedaverage method, which simplifies all calculations
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
