In a job-order costing system, costs are traced to departments and then allocated to units
of product using an average process.

Question

In a job-order costing system, costs are traced to departments and then allocated to unitsof product using an average process.

Gabriella Mansfield · Accepted Answer

Final Answer : False, Explanation :  In a job-order costing system, costs are traced to individual jobs or specific units of product. The costs are not allocated using an average process, but rather are assigned directly to each job or unit of product based on its specific costs.

In a job-order costing system, costs are traced to departments and then allocated to units
of product using an average process.

Definitions

Learning Objectives

Learning Objectives

Related questions