Which of the following items is not a characteristic of a process cost system? a. Once production begins, it continues until the finished product emerges. b. The products produced are heterogeneous in nature. c. The focus is on continually producing homogeneous products. d. When the finished product emerges, all units have virtually the same amount of materials, labor, and overhead.

"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,

reducing the scale of the market for a new product.