Which of the following is the correct flow of manufacturing costs? * Raw materials, work in process, finished goods, cost of goods sold Raw materials, finished goods, cost of goods sold, work in process Work in process, finished goods, raw materials, cost of goods sold Cost of goods sold, raw materials, work in process, finished goods

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 12MC: In a job order cost system, raw materials purchased are debited to which account? A. raw materials...
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Which of the following is the correct
flow of manufacturing costs? *
Raw materials, work in process, finished
goods, cost of goods sold
Raw materials, finished goods, cost of
goods sold, work in process
Work in process, finished goods, raw
materials, cost of goods sold
Cost of goods sold, raw materials, work in
process, finished goods
Transcribed Image Text:Which of the following is the correct flow of manufacturing costs? * Raw materials, work in process, finished goods, cost of goods sold Raw materials, finished goods, cost of goods sold, work in process Work in process, finished goods, raw materials, cost of goods sold Cost of goods sold, raw materials, work in process, finished goods
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