nitesh

• Jan 2nd, 2012

 

It is not back flash its called back flush costing.

Back flush costing is a Method of costing a product that works backwards.

A/Raouf SAlah

• Jun 18th, 2014

 

There are two costing technique 1- back flash costing 2- pull flash costing
back flash costing : the start of producing after receive the order from costumer.

Jenny Vakharia

• Sep 19th, 2016

 

Back flush costing is a costing system tailored to just in time production systems. It contrasts with traditional costing systems that use sequenticial tracking to record purchases and movements of costs between inventories and accounts in the order in which they occur. Back flush costing slips the journal entry for WIP inventory because JIT systems reduce the time that material remain in this stage. This method may not be in strict accordance with GAAP

FAISHAL kHALIL

• Jun 7th, 2017

 

An accounting method whereby the costs associated with producing a good or service are recorded only after the good or service is actually produced, completed or sold