
Concept explainers
Cost flow under
The Cost flow under job order costing start with the purchase of raw material for which raw material inventory account get added and then such material issued to production, for which raw material inventory account get reduced.
The material issued to production and other labour cost and manufacturing
The Cost of goods completed added to finished goods inventory as goods available for sale and which then actually sold get reduced from finished goods inventory and get added up as cost of goods sold and total of cost of goods sold is finally closed to income Statement to know the net income from operations.
The Determination of causes of increase or decrease in various accounts.

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Chapter 19 Solutions
Horngren's Accounting, The Financial Chapters (11th Edition) - Standalone Book
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