Question
Chelm Music Corporation manufactures violins, violas, cellos, and fiddles and uses a job-order costing system. What account should Chelm debit when the workers who carve
Chelm Music Corporation manufactures violins, violas, cellos, and fiddles and uses a job-order costing system.
What account should Chelm debit when the workers who carve the wood for the instruments have earned their pay? A. Direct Labor B. Work in Process C. Manufacturing Overhead D. Salaries and Wages Receivable E. Salaries and Wages Expense
What account should Chelm debit when the production manager has earned her salary? A. Direct Labor B. Work in Process C. Manufacturing Overhead D. Salaries and Wages Receivable E. Salaries and Wages Expense
What account should Chelm debit when the president of the company has earned her salary? A. Direct Labor B. Work in Process C. Manufacturing Overhead D. Salaries and Wages Receivable E. Salaries and Wages Expense
What is one of the accounts that Chelm should credit when goods are sold? A. Finished Goods B. Work in Process C. Cost of Goods Sold D. Manufacturing Overhead E. Cost of Goods Manufactured
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