Describe how costs flow through the accounting system in job order costing. [The following information applies to the questions displayed below.] We discuss how costs flow in a job order costing system. The Work in Process Inventory account accumulates the actual direct materials, actual direct labor, and applied manufacturing overhead cost of each job. The Manufacturing Overhead account accumulates all indirect costs that cannot be traced to specific jobs. When a job is completed, its total manufacturing cost is transferred out of Work in Process Inventory and into the Finished Goods Inventory account. Once a job is sold, its cost is transferred out of the Finished Goods Inventory account and into the Cost of Goods Sold account.

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

Amanda works as an industrial designer

In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of: