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a) Describe the flow of goods through the manufacturing accounts in order to calculate cost of goods sold. b) Discuss the reasons for using applied
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a) Describe the flow of goods through the manufacturing accounts in order to calculate cost of goods sold.
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b) Discuss the reasons for using applied overhead rather than actual overhead to determine the cost of production jobs.
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c) For a manufacturer that produces large batches of automotive parts, which type of costing system would you recommend? Justify your answer.
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