summarizes the detailed data (Sub ledger) regarding specific inventory accounts in the subsidiary ledger.
Cost assign each job 0or atch; to
compute cost per job
Job Order Cost Mftg. Cost- WIP Invtry- FG Invtry- COGS
System- Manufacturing Cost MOH records daily ex. machinery repairs, inDM/DL Records periodically- property taxes, deprn insurance; Controlled Acct. Job Order Sheet-specific job, total & Unit cost IF assigned in WIP; Debit to WIP Inty; Credit to completed; Summarize Jost complted (transferred to RM, FL, MOH FG to await sale) & not completed at the end of acctg. period Documents Source Material Requisation Slip-authorisation issue RM Source documents posting Job Cost sheet & WIP Inty