Features of Process Costing


0
  1. The production is continuous and the end product is the result of a sequence of processes.
  2. The product is homogeneous and the units product are identical and standardized.
  3. The sequence of operations for processing the product is specific and predetermined.
  4. The finished products of one process works as raw material for the next or process until completion.

 


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

2 Comments

Facebook comments: