The journal entry to purchase materials on account is.... Select one: a. Dr. Cost of Goods Sold Cr. Work In Process b. Dr. Accounts Payable Cr. Materials c. Dr. Work in Process Cr. Materials d. Dr. Materials Cr. Accounts Receivable e. Dr. Materials Cr. Accounts Payable The Journal Entry to apply Factory Overhead is.... Select one: a. Dr. Work in Process Cr. Factory Overhead b. Dr. Accounts Payable Cr. Factory Overhead C. Dr. Factory Overhead Cr. Accounts Payable d. Dr. Factory Overhead Cr. Work in Process True or False: Job Cost Sheets are used by Sales Personnel to provide estimates of production costs to support negotiating efforts with potential customers. Select one: True False Question 10 Not yet answered Marked out of 0.50 Flag question True or False: Manufacturing Firms are not the only ones who can use Job Order Cost Systems - Service Firms can also use them. Select one: True False