CAT / FIA FMA Syllabus C. Cost Accounting Techniques - Appropriate use of process costing - Notes ^{5 / 17}

Situations where the use of process costing would be appropriate

It is common to identify process costing with continuous production such as the following

• Oil refining

• Paper

• Foods and drinks

• Chemicals

Process costing may also be associated with the continuous production of large volumes of low-cost items, such as cans or tins.