Reporting Job Cost Data

Reporting Job Cost Data - The schedule shows manufacturing...

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Reporting Job Cost Data At the end of a period, companies prepare financial statements that present aggregate data on all jobs manufactured and sold. The cost of goods manufactured schedule in job order costing is the same as in Chapter 14 with one exception:
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Unformatted text preview: The schedule shows manufacturing overhead applied, rather than actual overhead costs. The company adds this amount to direct materials and direct labor to determine total manufacturing costs....
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This note was uploaded on 12/25/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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Reporting Job Cost Data - The schedule shows manufacturing...

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