Suppose you are a manager at manufacturing plant. Explain the flow of manufacturing costs ( raw materials, direct labor, manufacturing overhead) to the financial statements of a manufacturer. Which costs flow to the balance sheet? Which costs flow to the income statement? Why do you think its important to keep track of these costs?

at least 4-5 well-thought out constructive sentences.

Be sure to cite any resources you use.

https://www.principlesofaccounting.com/chapter-17/problems/