Ask Question
9 April, 06:23

The correct cost flow in a job order costing system is: a. work in process; finished goods, cost of goods sold b. cost of goods sold, work in process, finished goods c. finished goods, work in process; cost of goods sold d. cost of goods sold, finished goods, work in process

+5
Answers (1)
  1. 9 April, 07:09
    0
    A. Work in process; finished goods, cost of goods sold.

    Explanation:

    Job order costing system is a system for assigning and accumulating manufacturing cost of individual output units. It is used to allocate costs based on specific order. The correct cost flow in job order costing system is:

    Manufacturing cost ➞ Work in process Cost ➞ Cost of finished goods ➞ Cost of goods sold.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The correct cost flow in a job order costing system is: a. work in process; finished goods, cost of goods sold b. cost of goods sold, work ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers