Job Order Costing: a walkthrough using T-Accounts

This provides a walkthrough of the job order costing process and the flow of costs between raw materials inventory, work in process, finished goods inventory, Cost of Goods Sold, under applied and over applied overhead and how to close out the under over application to COGS or COGS/WIP/FGI.

[@tylorkolbeck6189]

This was my "aha" moment as it applies to job order costing. I was struggling but feel great about it now. Thank you!

[@MH-bp9nc]

Thank you. Very helpful and an excellent walkthrough of the T accounts.

[@suzannemccready7523]

So good this really explained it all.

[@accountingprofessor]

Suzanne- Thanks for the feedback. If you would not mind sharing (1) what level of cost accounting are you taking (managerial accounting / upper division cost accounting) and how you found out about the channel. Best of luck in your accounting studies.

[@hoehoedecarabao227]

thank you so much