Question
In a job-order costing system, as goods are produced, product costs (direct material, direct labor, and overhead) are accumulated in the: A. Finished Goods Inventory
In a job-order costing system, as goods are produced, product costs (direct material, direct labor, and overhead) are accumulated in the:
A. Finished Goods Inventory account.
B. Work in Process Inventory account.
C. Cost of Goods Sold account.
D. Raw Materials Inventory account.
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
