Which of the following costing methods is most suitable for the industries, where the production is not on continuous basis, rather it is only when order from customers is received and that too as per the specifications

CS Executive · Cost and Management Accounting · PYQS · December 2021
Which of the following costing methods is most suitable for the industries, where the production is not on continuous basis, rather it is only when order from customers is received and that too as per the specifications of the customers ?
(A) Process costing
(B) Job costing
(C) Batch costing
(D) Operating costing

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Costing Methods

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