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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
Provide answers to the following just-in-time costing questions.

Just-in-Time Costing Question   Just-in-Time Costing Answer
When are the costs of products recorded?    
Which inventory accounts are used?   
Which accounts are used to record manufacturing costs?
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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#1
7 years ago
Just-in-Time Costing Question   Just-in-Time Costing Answer
When are the costs of products recorded?    When units are completed
Which inventory accounts are used?   Raw and In-Process Inventory and Finished Goods Inventory
Which accounts are used to record actual  manufacturing costs?    Raw and In-Process Inventory and Conversion Costs
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#2
7 years ago
Thanks!
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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