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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Related Book For
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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