A Hybrid Costing System That Is Often Used When Manufacturing

question 21

Multiple Choice

A hybrid costing system that is often used when manufacturing goods that have some common characteristics plus some individual characteristics is called:

• A) continuous flow process.
• B) cost management system.
• C) two-stage allocation system.
• D) operations costing.

---

Definitions:

Necessary

In legal and ethical contexts, necessary refers to something that is required or indispensable to achieve a specific outcome or obligation.

Disaffirm

The legal act of renouncing or rejecting a contract or agreement, especially by a party who was not legally competent to enter it at the time of agreement.

Reasonable Value

The fair or market value of goods or services, as determined by considering the costs, demand, and any other factor relevant to an exchange.

Necessary

In legal and philosophical terms, necessary refers to something required, indispensable, or absolutely needed to achieve a certain outcome or fulfill a condition.