in a process-costing system when goods move from department to department, the accounting for such transfers is relatively simple under . a. fifo costing b. weighted-average costing c. operations costing d. standard costing

Respuesta :

Each unit in a process-costing system consumes about the same amount of resources.

Process Costing System:

They are often included uniformly throughout the production process in process pricing. When a large number of similar products are manufactured, a process costing system accumulates expenses. In this situation, it is more efficient to gather costs for a large number of items and then distribute them among the various produced units. Since it is assumed that the price of each unit is much like the price of every other unit, tracking data at the individual unit level is not required.

Alternatives to the Process Costing System:

If a process costing system does not work well with a company's cost accounting systems, there are two more systems to consider. The job costing method is intended to gather expenses for single units or small manufacturing batches. A hybrid costing approach, in which process costing is utilized part of the time and job costing is used the rest of the time, works well in production situations where some manufacturing is done in big batches and other work stages demand labor that is unique to individual units.

Learn more about Process-costing system:

brainly.com/question/16259709

#SPJ4