A hybrid costing system allows companies to combine the characteristics of both job order and process

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A hybrid costing system allows companies to

• combine the characteristics of both job order and process costing systems.

• trace direct material and/or direct labor that is re¬ lated to a particular batch of goods to those spe¬ cific goods using job order costing.

• use process costing techniques to account for cost components that are common to numerous batches of output.

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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