Choose one of these answers

Equivalent units of production

Factory overhead account

Finished goods inventory account

Materials requisition

Process cost summary

Raw materials inventory account

Work in process inventory account

Select each of the items with the best numbered description of its purpose. Notifies the materials manager to send materials to a production department. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department). Standardizes partially completed units into equivalent completed units. Holds costs of finished products until sold to customers. Describes the activity and output of a production department for a period. Holds costs of materials until they are used in production or as factor overhead