CHAPTER 5 -Process costing.doc - MANAGEMENT ACCOUNTING SAC 2201 1 DIPLOMA PERNIAGAANTANI SYSTEMS DESIGN PROCESS COSTING Tutorial SECTION A Question 1

CHAPTER 5 -Process costing.doc - MANAGEMENT ACCOUNTING SAC...

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MANAGEMENT ACCOUNTING SAC 2201 DIPLOMA PERNIAGAANTANI SYSTEMS DESIGN: PROCESS COSTING Tutorial SECTION A Question 11.Under what conditions would it be appropriate to use a process costing system? 2.In what ways are job – order and process costing similar? 3.What two essential features characterize any processing department in a process costingsystem? 4.Why is cost accumulation easier in a process costing system than it is in a job-order costing system? 5.How many Work in Process accounts are maintained in a company using process costing?

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