Schedule of Cost of Goods Manufactured: Difference between revisions
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(Created page with "{{Learning concept |Description=A schedule that contains three elements of product costs - direct materials, direct labor, and manufacturing overhead - and that summarizes the...") |
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Latest revision as of 14:43, 28 January 2014
Description
A schedule that contains three elements of product costs - direct materials, direct labor, and manufacturing overhead - and that summarizes the portions of those costs that remain in ending Work in Process inventory and that are transferred out of Work in Process into Finished Goods.
Concept Prerequisite
Wikipedia Reference
Learning Material
Covered in Topic(s)
| System Design: Job order costing |