An Averaging Process Is Used to Compute Unit Product Costs

question 66

Multiple Choice

An averaging process is used to compute unit product costs under which of the following costing method(s)

• A)neither job-order nor process.
• B)process but not job-order.
• C)job-order but not process.
• D)both job-order and process.

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Definitions:

Spiritual Forces

Entities or energies believed to be beyond the physical world, often associated with religious or metaphysical beliefs.

Objectivity

The quality of being unbiased, unprejudiced, and impartial; dealing with facts without allowing personal feelings to influence them.

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, often in a way that is considered to be unfair.

Physical World

The aspect of the universe that is understood through physical phenomena, including matter and energy, as opposed to the abstract or spiritual realm.