Answer:
"B"
Explanation:
A process cost system is a cost assigning system employed in the massive production of nearly identical units of good using a consistent procedure of manufacturing.Once production begins , it does not stop until the end product is achieved while every accumulated cost during this period is captured , summarized and allocated to all the units produced.
It assigns production cost to a process or department and not the job as in job order costing.
It is in three types namely weighted average , standard and FIFO cost,