Manufacturing Suspense / Pool Accounting

Pool Accounting Pool Accounting is an accounting term for manufacturing, the process usually relies on a temporary account before the cost of manufacturing is re-allocated correctly. The temporary account can be called
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What is ‘Backflush Costing’?

According to Investopedia, Backflush Costing is a concept that is used in the production or inventory management. "It is a product costing system generally used in a just-in-time inventory environment. Instead