Please answer both

Anholt Inc. uses a standard cost system. During the period, only standard cost is used in which accounts? Work in process inventory . Finished goods inventory O Cost of goods sold expense O All of the above accounts Save Question 2 (2 points) Rugby Resins Company processes a base chemical into play dough. Standard costs for direct materials, direct i incurred for the manufacture of 1,400 units of product are as follows: Standard costs Direct materials 700 pounds at $7 per pound