Multiple choice

Directions: Choose the correct option for the given question.

In steel industry, the best method of costing is

  1. job costing

  2. service costing

  3. process costing

  4. operation costing

  5. unit costing

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Steel production involves a continuous flow of raw materials through various stages, which is the classic scenario for applying process costing.