I'm not a bean counter so bear with me... If we produce parts
to stock, why does the cost of labor, burden and material
end up together in our WIP material account? Seems like standard
accounting priciples would dictate that the costs should be
separate just like those for jobs run to orders.
to stock, why does the cost of labor, burden and material
end up together in our WIP material account? Seems like standard
accounting priciples would dictate that the costs should be
separate just like those for jobs run to orders.