The Jimenez Toy Company makes wooden toys. Arrange the company’s accounts in the order the production costs are most likely to flow, using 1 for the first account, 2 for the second, and so on.
Order Account
_________ Work-in-Process—Packaging
_________ Cost of Goods Sold
_________ Work-in-Process— Cutting
_________ Work-in-Process—Finishing
_________ Finished Goods Inventory