What is the role for process costing in a Just-in- Time (JIT) production environment, where working-process inventories

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What is the role for process costing in a Just-in- Time (JIT) production environment, where working-process inventories are negligible? For example, at any given point in time a JIT plant might only have 2 hours worth of production in process.

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:56 AM

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What is the role for process costing in a Just-in- Time (JIT) production environment, where working-process inventories

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Managerial accounting

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