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INDIRECT materials costing $1,000 were transferred from the materials warehouse to be used in production. At this point, how are these INDIRECT materials reported in

INDIRECT materials costing $1,000 were transferred from the materials warehouse to be used in production. At this point, how are these INDIRECT materials reported in the production cost records?

  • Cost of Goods Sold
  • Period Cost
  • Direct Labor
  • Manufacturing Overhead

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