Answered

Get expert advice and community support for your questions on IDNLearn.com. Ask your questions and receive comprehensive, trustworthy responses from our dedicated team of experts.

The two basic types of cost accounting systems are:

1. Job order cost and job cost accumulation systems.
2. Job order cost and process cost systems.
3. Process cost and batch cost systems.
4. Job order cost and batch cost systems.

Sagot :

GinnyAnsweridn

Final answer:

Cost accounting systems include job order cost and process cost systems.


Explanation:

The two basic types of cost accounting systems are job order cost and process cost systems. In job order costing, costs are accumulated for each job separately, such as custom furniture manufacturing. In process costing, costs are averaged over large numbers of similar units, like in oil refining.


Learn more about Types of cost accounting systems here:

https://brainly.com/question/32657997


We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Your search for answers ends at IDNLearn.com. Thanks for visiting, and we look forward to helping you again soon.