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a) Describe the flow of goods through the manufacturing accounts in order to calculate cost...

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Accounting

  1. a) Describe the flow of goods through the manufacturing accounts in order to calculate cost of goods sold.

  2. b) Discuss the reasons for using applied overhead rather than actual overhead to determine the cost of production jobs.

  3. c) For a manufacturer that produces large batches of automotive parts, which type of costing system would you recommend? Justify your answer.

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