A system of accounting for production operations that produces timely information about inventories and manufacturing costs per unit of product is a:

A) Finished goods accounting system.
B) General accounting system.
C) Manufacturing accounting system.
D) Cost accounting system.
E) Production accounting system.

Cost Accounting System

A system of accounting for operations that captures and records all costs associated with production activities to evaluate efficiency and manage expenses.

Manufacturing Costs

All expenses directly involved in the production of goods, including raw materials, labor, and factory overhead.

Unit of Product

A single item or article that has been produced or is planned to be produced in a manufacturing or production process.