Question

An activity where the parts that go into each unit of a product are periodically removed from inventory and accounted for based on the number of units produced. is called which of the following?

Answer 1

Backflush

Step-by-step explanation:

A company can use a backflush costing system in a Just-in-time (JIT) inventory management system. The backflush costing system is an accounting method that records the activity of the produced parts that are removed periodically based on the number of units produced, completed, or sold. This method records the costs only after the completed production.