Operation Costing System or Hybrid Costing System: Learning Objectives of this article: What is operation costing or hybrid costing system. Explain with examples. Definition: Operation costing is a hybrid costing system that employs aspects of both job order and process costing. Explanation and Uses
Hybrid Costing System
A hybrid costing system uses elements of both the process costing and job costing systems to examine the cost of manufacturing a product.