Describe what a Job-Order Cost System is for a manufacturing business. Include in...

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Accounting

Describe what a Job-Order Cost System is for a manufacturing business. Include in your description the process of how raw materials, direct labor, and factory overhead costs flow and are recorded in the general ledger (e.g., Materials Inventory, Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold).

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