Response to the following problem:
Pule produces kitchen cabinets in a three-stage process that includes milling, assembling, and finishing, in that order. Direct materials are added in the Milling and Finishing Departments. Direct labor and overhead are incurred in all three departments.
The company's general ledger includes the following accounts:
Cost of Goods Sold Work in Process Inventory-Finishing
Manufacturing Wages Materials Inventory
Work in Process Inventory-Milling Finished Goods Inventory
Work in Process Inventory-Assembling Manufacturing Overhead
Outline the flow of costs through the company's accounts. Include a T-account for each account title given.