IT Engineering uses a two$-$step process to produce widgets. All widgets pass throgh the Smebing Departinent fors and then through the Polsting Department. In terms of cost flow, which of the following describes the relationslip of the Work in Process$-$Smeting and Work in Process$-$Polishing accounts to manflacturing conts?

Ther have the same relationstip lo marsfacturing costs manufacturing costs can be assigned to either account.

They have a strictly sequential relationship to mandacturing conts al manfacture conts most be assigned to Sme ing and then transferred so folinhing.

Ther have a strictly sepuential relationshie to marsuscturing conts al manafarieg colls mest be assigned to Poliching and then translerred to Smetting.

They have no relationship to mandacturing conts, all mandacturing costa mat be miged to Mandacturg Overhead