Manufacturing cost flows for job order and process firms

Reference no: EM131342618

1. What are the similarities in and differences between the manufacturing cost flows for job-order firms and process firms?

2. What journal entry would be made as goods are transferred out from one department to another department? From the final department to the warehouse?

3. Describe the five steps in accounting for the manufacturing activity of a processing department, and explain how they interrelate.

Reference no: EM131342618

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