Inventory is produced and tracked to a particular job. These goods are distinguished from other items or jobs. The manufacturer will need to get an idea about inputs and labour between different projects or customers.


Stages of Production result in a flow of costs (Inventory Accounts - perpetual inventory)

Purchase and Storeage of Raw Materials (Raw Materials)

Completion of the Production Cycle (Work in Process/Progress)

Storing and Carrying for the Product (Finished Goods)


A Bill of Materials will be needed. This is a control sheet that documents the quantity and type of material as inputs being ordered for making of a unit of finished product. The Materials Requisition Form is used to keep the Bill of Materials updated.


A Job Cost Sheet will total all inputs for one particular job.