The account for a manufacturing firm that most closely resembles the merchandise inventory account for a retail firm is 17. a. Indirect Manufacturing Overhead b. Raw Materials Inventory. e. Work-in Process Inventory. d. Finished Goods Inventory. 18. The Hill Company prepared the following payroll entry; Wages Expense Work-in-Process Inventory Factory Overhead Accrued Payroll The debit to Work-in-Process Inventory represents a. wages for factory workers working directly on the product b. wages for factory workers working indirectly on the product. c. wages for workers working in the selling and administrative areas of the company. d. a capitalized cost. The Hill Com|pany rented an automobile for one week. The rental charge for the week was SI 2000 plus S.15 per mile. The average cost per mile driven during a week: a. Would remain constant at the same rate the more miles driven. b. Would vary at an increasing rate the more miles driven. c. Would vary at a decreasing rate the more miles driven. d. Can not be determined. -19