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Which method of costing can be used in furniture manufacture industry?

A. Job costing

B. Contract costing

C. Process costing

D. Specific order costing

Answer: Option A

Solution(By Examveda Team)

Job costing method of costing can be used in furniture manufacture industry. A job card is made for each work or job. This method of costing is used in the factories which produce the machine tool and other engineering products, furniture projects, hardware and interior decoration. This method of costing is also called a piece of work costing or terminal costing.

This Question Belongs to Commerce >> Costing

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