英语ch11process costing复习课程.pptVIP

ch11;Topic list;Topic1 The basics of Process Costing; 1.1 features of process costing ;(2)The continuous nature of production in many processes means that there will usually be closing work in progress which must be valued. In process costing it is not possible to build up cost records of the cost per unit of output or the cost per unit of closing stock because production in progress is an indistinguishable homogeneous mass. ;(3)There is often a loss in process due to spoilage, wastage, evaporation and so on. ;(4)Output from production may be a single product, but there may also be by-pro