Business, 08.10.2020 14:01 ilovefood2064

Number the following in the order of the flow of manufacturing costs for a company. A. Closing under/overapplied factory overhead to Cost of Goods Sold.
B. Materials purchased.
C. Factory labor used and factory overhead incurred in production.
D. Completed jobs moved to finished goods.
E. Factory overhead applied to jobs according to the predetermined overhead rate.
F. Materials requisitioned to jobs.
G. Selling of finished product.
H. Preparation of financial statements to determine gross profit.

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Answer from: sophia4636

B. Materials purchased.

F. Materials requisitioned to jobs.

C. Factory labor used and factory overhead incurred in production.

E. Factory overhead applied to jobs according to the predetermined overhead rate.

D. Completed jobs moved to finished goods.

A. Closing under/overapplied factory overhead to Cost of Goods Sold.

G. Selling of finished product.

H. Preparation of financial statements to determine gross profit.

Explanation:

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

The order of the flow of manufacturing costs for a company in an ascending order is;

1. Materials purchased.

2. Materials requisitioned to jobs.

3. Factory labor used and factory overhead incurred in production.

4. Factory overhead applied to jobs according to the predetermined overhead rate.

5. Completed jobs moved to finished goods.

6. Closing under/overapplied factory overhead to Cost of Goods Sold.

7. Selling of finished product.

8. Preparation of financial statements to determine gross profit.

Answer from: Quest

explanation:

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Answer from: Quest

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

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