Match the Following Cost Flows with the Proper Event in a Job-Costing

question 100

Multiple Choice

Match the following cost flows with the proper event in a job-costing firm:
-costs of product are removed from finished goods and added to cost of goods sold

• A)completion of job
• B)end of each accounting period
• C)materials are moved from storage into production
• D)product is sold
• E)end of year

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Definitions:

French

relates to France or its people, language, or culture, a country known for its historical influence on art, science, and philosophy.

Intolerable Acts

A series of punitive laws passed by the British Parliament in 1774 meant to punish the Massachusetts colonists for the Boston Tea Party.

Continental Congress

The assembly of delegates from the Thirteen Colonies which became the governing body of the United States during the American Revolution.

Philadelphia

A historic city in Pennsylvania, significant for its role in the early history of the United States, including the signing of the Declaration of Independence.