The flow of costs in job order costing: a. Begins with work in process inventory and ends

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The flow of costs in job order costing:

a. Begins with work in process inventory and ends with finished goods inventory.

b. Begins as soon as a sale occurs.

c. Parallels the physical flow of materials as they are converted into finished goods.

d. Is necessary to prepare the cost of goods manufactured schedule.

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Managerial Accounting Tools For Business Decision Making

ISBN: 9781119754053

9th Edition

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

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