In process cost accounting, manufacturing costs are summarized on a a. job order cost sheet. b. process order cost sheet. c. production cost report. d. manufacturing cost sheet.
Production cost report is a report that summarises the production and cost activities related to any business activity within a firm. It is four-step procedures that involve unit costs, the cost of production and the ( WIP ) Inventory. Manufacturing cost is also a part of the production process which is why it is included in the production cost report.
