________ Is a Costing System That Starts with Output That

question 12

Multiple Choice

________ is a costing system that starts with output that has been completed and then assigns manufacturing costs to units sold and to inventories.

• A)Job costing
• B)Batch costing
• C)Backflush costing
• D)Process costing

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Definitions:

Glue

A substance used to bind materials together by surface attachment, widely used in various manufacturing and crafting applications.

Direct Costs

Costs that can be directly tied to the production of specific goods or services, such as raw materials and direct labor.

Accounting Period

A span of time during which financial events are recorded and compiled into financial statements.

Variable Costs

Expenditures that fluctuate with the quantity of production or the volume of sales.