Flow of Costs Work in Process Inventory Raw Materials Inventory Finished Goods Inventory Cost of Goods Sold Factory Labor Manufacturing Overhead Instructions: Use letters to indicate the accounts that should be debited and credited to assign the following costs. The first one has been done for you. a. Direct materials are used the letter a should be entered as a debit to Work in process inventory (in place of (4) 24,000 in previous screen) Another letter a should be credited to Raw materials inventory (in place of (4) 30,000 in previous screen b. Indirect materials are used c. Direct labor is used d. Indirect Labor is used e. Manufacturing overhead is applied f. Completed jobs are recognized g. Cost of goods sold is recognized SUBMIT Flow of Costs Work in Process Inventory Raw Materials Inventory Finished Goods Inventory Cost of Goods Sold Factory Labor Manufacturing Overhead Instructions: Use letters to indicate the accounts that should be debited and credited to assign the following costs. The first one has been done for you. a. Direct materials are used the letter a should be entered as a debit to Work in process inventory (in place of (4) 24,000 in previous screen) Another letter a should be credited to Raw materials inventory (in place of (4) 30,000 in previous screen b. Indirect materials are used c. Direct labor is used d. Indirect Labor is used e. Manufacturing overhead is applied f. Completed jobs are recognized g. Cost of goods sold is recognized SUBMIT