![]() ![]() Net under/overapplied FOH is closed to COGS. Unlike Merchandise Inventory, Finished Goods Inventory are nentity but being manufactured by the entity ot purchased from outsideĪt the end of the period, FOH Control and FOH Appliedīalances shall be compared and the variance shall be This account is maintained in as much the same as the Merchana way that this account is also decreased for every inventory account sold during the dise Inventory account in This account is made up of all costs completed but unsold as of specific date This account has no counterpart in merchandising business Products being produced or those unit that still not fully completed This account is made up of all manufacturing costs incurred and assigned to Ketentuan Umum dan Tata Cara PerpajakanĬHAPTER 3: Cost Accounting Cycle JMCNNCPA PAMANTASAN NG LUNGSOD NG VALENZUELA COLLEGE OF BUSINESS AND ACCOUNTANCY DEPARTMENT OF ACCOUNTANCY.Landasan pendidikan dari berbagai perspe. ![]()
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