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Costing

This topic has 3 replies, 2 voices, and was last updated 10 months ago by John Moffat.

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September 5, 2021 at 4:58 pm #634479
johnbriane
- Topics: 146
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Sir for Production line where runs of different canned food products are interchanged at regular intervals can be suited for process costing – joint products

And as well as batch costing too right or
Only joint product process costing
September 5, 2021 at 8:16 pm #634509
John Moffat
Keymaster
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That has nothing to do with joint products and I really do not understand why you are interested in this. Joint products is when more than one product is produced within he same process, which is certainly not going to be the case with canned foods.
September 6, 2021 at 10:38 am #634561
johnbriane
- Topics: 146
- Replies: 147
Oh yeah ok sir it was in my institutes lectures notes

So sir
The above is only suited for batch costing am I right sir

Thank you sir
September 6, 2021 at 5:14 pm #634598
John Moffat
Keymaster
- Topics: 57
- Replies: 49617
Batch costing would certainly be the suitable one.
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