Process costing

id: process-costing-251-4245637
title: Process costing
text: Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production. Eventually, costs have to be allocated to individual units of product. It assigns average costs to each unit, and is the opposite extreme of Job costing which attempts to measure individual costs of production of each unit. Process costing is usual
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Process_costing
date created:
date modified: 2022-12-16T19:06:15Z
main entity: {"identifier":"Q748380","url":"https://www.wikidata.org/entity/Q748380"}
image:
fields total: 13
integrity: 13

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