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Which of the following is an example of direct materials for a wedding? A. Food and beverage expense B. Waiter's wages O C. Rent expense
Which of the following is an example of direct materials for a wedding? A. Food and beverage expense B. Waiter's wages O C. Rent expense OD. Musician's wages When a company uses direct labor, it traces the cost to the job by debiting: A. Work in Process Inventory. O B. Direct Labor. O C. Manufacturing Overhead. D. Wages Payable. How can a company's management use product cost information? O A. To set prices of its products. O B. To decide which products to emphasize. OC. To identify ways to cut production costs. D. All of the listed choices are correct. The Work-in - Process account is debited for the cost of direct labor in a job cost system. True False The journal entry to record the requisition of indirect materials for use in production includes the following: O A. Credit to Raw Materials Inventory account O B. Credit to Direct Materials Expense account OC. Credit to Manufacturing Overhead account D. Credit to Work -in - Process Inventory account
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