(Answered) Question - in process costing why are costs often divided

Accounting

Question - In Process costing, why are costs often divided into two main classifications?

Criteria: Your answer to the topic should be in your own words. You may want to provide additional information from outside readings or other outside resources, if so, please provide your source or reference.

Reference - Horngren, C. T., Datar, S.M., Foster, G., Rajan, M., & Ittner, C. (2009). Cost Accounting: A Managerial Emphasis (13th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

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