Q697
Costing system, which is a combination of process costing and job costing system is classified as
A.
weighted costing system
B.
average costing system
C.
hybrid costing system
AnswerD.
double costing system
Answer: Option C
Solution
Answer: Option C
Solution:
Costing system, which is a combination of process costing and job costing system is classified as hybrid costing system. Hybrid costing is used to separate costs and allocate costs to individual products or groups of products.