Answer
Process costing
Work Step by Step
A standardised procedure is used to produce refined oil products consistently and on a big scale.
Cost Accounting (15th Edition)
by Horngren, Charles T.; Datar, Srikant M.; Rajan, Madhav V.
Published by
Prentice Hall
ISBN 10:
0133428702
ISBN 13:
978-0-13342-870-4
Chapter 4 - Job Costing - Assignment Material - Exercises - Page 137: 4-16b
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