Saturday, October 19, 2019

Which of the following would be credited to accumulate the actual labor costs incurred?

Which of the following would be credited to accumulate the actual labor costs incurred?



A) manufacturing overhead
B) work in process inventory
C) manufacturing wages
D) wages payable


Answer: D

Which of the following would be debited to record direct labor costs actually incurred?



A) wages payable
B) manufacturing wages
C) manufacturing overhead
D) finished goods inventory


Answer: B

Which of the following would be debited to assign the costs of indirect labor?



A) manufacturing overhead
B) wages payable
C) finished goods inventory
D) work in process inventory


Answer: A

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