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21 May, 11:04

Which of the following are the two main types of cost accounting systems for manufacturing operations? a. process cost and general accounting systems b. process cost and replacement cost systems c. job order and general accounting systems d. job order cost and process cost systems

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  1. 21 May, 12:08
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    d. job order cost and process cost systems

    Explanation:

    The two main types of cost accounting systems for manufacturing operations is

    1. Job order costing

    2. Process costing system

    In a job-order costing, the cost is depended on each job that means on a different job, the different cost is charged

    whereas in a process cost system, the cost is same as it deals with the identical products that are produced
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