Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

The two basic types of cost accounting systems are:

1. Job order cost and job cost accumulation systems.
2. Job order cost and process cost systems.
3. Process cost and batch cost systems.
4. Job order cost and batch cost systems.

Sagot :

GinnyAnswer

Final answer:

Cost accounting systems include job order cost and process cost systems.


Explanation:

The two basic types of cost accounting systems are job order cost and process cost systems. In job order costing, costs are accumulated for each job separately, such as custom furniture manufacturing. In process costing, costs are averaged over large numbers of similar units, like in oil refining.


Learn more about Types of cost accounting systems here:

https://brainly.com/question/32657997


We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.