A

Enter DL Enter RMB Enter ApFOH Enter P TMC=RMU+DL+ApFOH Enter FI Enter WIPB Yes
A

Is AcFOH > ApFOH?

No
A

COGS=COGS+(AcFOHApFOH COGS=COGS-(AcFOHApFOH COGS=COGS+(AcFOHApFOH

Enter PRA TGPP=TMC+WIPB

Enter PD Enter WIPE

Display COGS

NP=P+FI-PRA-PD TGM=TGPP-WIPE

RMA=RMB+NP

Enter FGB

Enter RME

TGAS=TGM+FGB

END

RMU=RMA-RME

Enter FGE

CGOS=TGAS-FGE Is the indirect material part of Raw Materials when purchased? No

A

Enter AcFOH

Yes
A

Enter IMU

Is AcFOH ApFOH?

No
A

Display COGS

RMU=RMU-IMU

Yes
A

B A

Enter MIB

Enter P

Enter FI

Enter PRA

Enter PD

NP=P+FI-PRA-PD

TGAS=MIB+NP

Enter MIE

COGS=TGAS-MIE

Display COGS

END

START

RMB-Raw Materials Beginning P-Purchases FI-Freight-in PD-Purchase Discount PRA-Purchase Returns and Allowances NP-Net Purchases RMA-Raw Materials Available RME-Raw Materials Ending RMU-Raw Materials Used IM-Indirect Materials Used DL-Direct Labor ApFOH-Applied Factory Overhead TMC-Total Manufacturing Cost WIPB-Work in Process Beginning TGPP-Total Goods Placed in Process WIPE-Work in Process Ending TGM-Total Goods Manufactured FGB-Finished Goods Beginning TGAS-Total Goods Available for Sale COGS-Cost of Goods Sold MIB-Merchandise Inventory Beginning MIE-Merchandise Inventory Ending

Is the operation a manufacturing concern?

No
A

Yes
A