NEED ANSWER FOR THE "FINISHED" CIRCLE. here are 6 circles: Direct materials used, unused direct...
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Accounting
NEED ANSWER FOR THE "FINISHED" CIRCLE. here are circles: Direct materials used, unused direct materials, finished, unfinished, unsold, and sold. For the circle that you select, clearly describe the flow that it represents, making sure to explain how the cost is incurred, where it comes from, where it goes, and why.
For full credit, be sure to:
Clearly explain how the dollar amount represented by your circle is calculated.
Clearly explain why it is added to the activity or financial statement to which it flows.
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