In a process cost system, a work in process account is maintained for each process. one work in process account is maintained for all the processes, similar to a job order cost system. a work in process account is maintained for each product. a materials requisition must identify the job on which the materials will be used.
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Home » Business » In a process cost system, a work in process account is maintained for each process. one work in process account is maintained for all the processes, similar to a job order cost system. a work in process account is maintained for each product.