Explain a hybrid costing system


Questions:

1. Label each item a through h below as a feature of either a job order or process operation.

a. Routine, repetitive procedures
b. Custom orders
c. Low production volume
d. Heterogeneous products and services
e. Low product flexibility
f. Low product standardization
g. Focus on individual batch
h. Focus on standardized units

2. Explain a hybrid costing system. Identify a product or service operation that might well fit a hybrid costing system.

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Accounting Basics: Explain a hybrid costing system
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