Banana Shirts Produces T-Shirts in Large Batches

question 70

Multiple Choice

Banana Shirts produces t-shirts in large batches. Most of its t-shirts are made of regular cotton, although some are made from ethically produced cotton. The manufacturing process is relatively simple; most t-shirts go through similar processes; the main difference is whether the t-shirt requires embroidery or printing. The most appropriate costing system for Banana Shirts is

• A) process costing system.
• B) job costing system.
• C) operation costing systems.
• D) both job costing system and operation costing system are appropriate.

---

Definitions:

Qualitative Differences

Refers to variations that are observed in the nature, type, or quality of things rather than their quantity.

Apartments

Individual dwelling units within a larger residential building where each unit is owned or rented by separate individuals or families.

Risk Aversion

The tendency to prefer avoiding losses over acquiring equivalent gains; the degree of variability in investment returns that an investor is willing to withstand.

Possible Losses

Potential or anticipated losses, which could be in terms of finances, opportunities, well-being, or other valuable aspects.