Accounting Principles - Standalone book
Accounting Principles - Standalone book
12th Edition
ISBN: 9781118875056
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: WILEY
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Chapter 21, Problem 21Q
To determine

Just-in-Time (JIT) Processing: Just-in-time processing refers to produce the goods when required, that is not to hold the excess amount of goods. In the JIT processing, manufacturing process started when order is received from the client.

To explain: (a) Philosophy and approach of just-in-time processing and (b) major elements of just-in-time processing.

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Accounting Principles - Standalone book

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