The flow of manufacturing overheads is:
Raw materials → WIP → Finished Goods → COGS

Question

Quizplus · Accepted Answer

Manufacturing overheads are indirect costs incurred in the production process, such as rent, utilities, and depreciation of machinery. These costs are allocated to the products using predetermined overhead rates and flow through the production process, starting with raw materials and ending with the cost of goods sold when the finished goods are sold to customers.

The Flow of Manufacturing Overheads Is