Flow of costs in job order costing [10 min]For a manufacturer that uses job order costing,...

Flow of costs in job order costing [10 min]

For a manufacturer that uses job order costing, there is a correct order that the costs flow through the accounts.

Requirement

1. Order the following from 1–4. Item 1 has been completed for you.

__1__ a. Materials inventory

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_____b. Finished goods inventory

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_____c. Cost of goods sold

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_____d. Work in process inventory