In a jobQuestionIn a job-order costing system, direct labor costs are shown as an increase to what account ? a ) Finished goods inventory . b) Work -in-process inventory . c) Cost of goods manufactured . ) Raw materials inventory .Answer & ExplanationIn a job-order costing system, direct labor cost...
In a job-order costing system, direct labor costs are shown as an increase to
what account ? a ) Finished goods inventory . b) Work -in-process inventory . c)
Cost of goods manufactured . ) Raw materials inventory .
Answer & Explanation
In a job-order costing system, direct labor costs are shown as an increase to the
account:
b) Work-in-process inventory.
Explanation:
1. Job-Order Costing System: This system is used to assign costs to
specific jobs or batches, and it tracks the costs associated with each job
separately.
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