How Do You Use Job Order Costing? Full Walkthrough
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How Do You Use Job Order Costing? Full Walkthrough
In this video, we go through a full walkthrough of Job Order Costing using T-accounts. You’ll learn how to: - Identify indirect materials and indirect labor - Calculate Finished Goods Inventory and Cost of Goods Manufactured - Track Work in Process (WIP) Inventory - Prepare a journal entry for over/under-applied factory overhead (not ...
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