A type of production that yields a high volume of identical products or services is: O Fluid production O Process production Constant rate production O Job order production
Process Costing
Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.
Job Costing
Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing is possible only in businesses where the production is done as per the customer’s requirement. For example, some customers order to manufacture furniture as per their needs.
ABC Costing
Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In comparison to financial accounting, cost accounting has to follow a set standard ad can be used flexibly by the management as per their needs. The types of Cost Accounting include – Lean Accounting, Standard Costing, Marginal Costing and Activity Based Costing.
![A type of production that yields a high volume of
identical products or services is:
Fluid production
Process production
Constant rate production
Job order production](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ff5dd44-1fcb-41da-9f0c-be01f92f8f26%2F0bf698af-36e0-4723-a006-0c575b2e3cff%2Fe8ey1kd_processed.jpeg&w=3840&q=75)
![The following represents summary cash flow information for Dent Company for the past year:
Dent Co.
Cash provided (used) by operating activities
60,000
Cash provided (used) by investing activities:
Cash from sale of assets
Cash used in purchase of assets
(23,000)
Cash provided (used) by financing activities:
Proceeds from issuance of debt
Repayment of debt
(7,500)
Net change in cash for the period
29,500
Dent's cash flow situation would be summarized as:
O Dent's overall cash flow position is best described as unhealthy.
O Dent's overall cash flow position can best be described as healthy.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ff5dd44-1fcb-41da-9f0c-be01f92f8f26%2F0bf698af-36e0-4723-a006-0c575b2e3cff%2Fqt7t1xd_processed.jpeg&w=3840&q=75)
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