Accounting for a manufacturing company

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Reference no: EM133026429

Assume you have just taken a position as controller for a new company that manufactures and sells wooden chairs. Athough the founder of the company, who is the president and CEO, is a great artisan, she has very limited knowledge of accounting. To help your new boss better understand accounting for a manufacturing organization, How can I 1. Identify,2. describe, and 3. provide examples of the three manufacturing costs and the three inventory accounts used in accounting for a manufacturing company.

Reference no: EM133026429

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