In a job costing system, costs flow out of work-in-process into finished goods inventory.

Name: In a job costing system, costs flow out of work-in-process into finished goods inventory.
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In a job costing system, the costs incurred during the production process flow from raw materials inventory, to work-in-process inventory, and finally to finished goods inventory. When the job is completed, the total cost of the job is transferred from work-in-process to finished goods.

In a Job Costing System, Costs Flow Out of Work-In-Process