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    Question

    Batch costing is considered a type

    of:
    A Contract costing Correct Answer Incorrect Answer
    B Job costing Correct Answer Incorrect Answer
    C Process costing Correct Answer Incorrect Answer
    D Operating costing Correct Answer Incorrect Answer
    E Marginal costing Correct Answer Incorrect Answer

    Solution

    Batch costing is applied where identical products are produced in batches (e.g., garments, toys, medicines). Each batch is treated as a тАЬjob,тАЭ and cost is calculated per batch and then apportioned per unit. Hence, it is a variant of job costing. While job costing is customized, batch costing applies to repetitive but batch-specific production.

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