Question

The appropriate cost accounting system to use when inventory items are produced on an assembly line is

a. job-order costing.
b. process costing.
c. weighted average.
d. perpetual method.

Answer 1

c

Step-by-step explanation:

The weighted average method is used to assign the average cost of production to a produce. Weighted average used in situations where:

Inventory items are similar to each other and its is difficult to assign a cost to an individual unit of a production line.