Answer the Following Question: Process Costing Is Suitable for

Hospitals

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Oil Refining Firms

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Transport Firms

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Brick Laying Firms

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Oil Refining Firms

The correct answer is option (B) Oil Refining Firms
Process costing is suitable for oil refining firms. Process costing is suitable for industries that produce homogeneous products.

Suggest Corrections

Similar questions

Answer the following questions:

Name the process used for the enrichment of
sulphide ore.

Join BYJU'S Learning Program