Processcosting讲义幻灯片.ppt

Process Costing ;Introduction;Describe the characteristics of process costing ;Process costing aims at determining the cost of each operation /process and applying the costs accumulated at the end of each process to the products. The total cost of a product is that total cost of all the process through which the product passes divided by the number of products produced. ;The whole production process is considered to be a sequence of processes, each of which produces intermediate products. The outputs of each process are distinct in character in comparison to the inputs of the process. They