20.All of the following are characteristics of a process cost system except the system accumulates costs per job the system emphasizes time periods rather than the time it takes to complete a job the system may use several work in process inventory accounts manufacturing costs are grouped by department rather than by jobs
1. process costing system emphasizes on time periods, because the process accounts are prepared at the end of each accounting period and not at the end of job
2.it may use several work in process inventory accounts. Since the flow of production is continuous, there will always be some incomplete work or work in progress at the end of the accounting period
3. work moves from one process to anotherand each process is a department. output of the first process is the input of the second process and so on.So manufacturing costs are collected according to process (department)
4.process costing does not accumulate costs per job. It accumulates costs per process
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