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Which of the following is true? 1. The Work in Process Inventory account is a subsidiary of the job-order cost sheets control account. 2. The
Which of the following is true?
1. The Work in Process Inventory account is a subsidiary of the job-order cost sheets control account.
2. The transfer of direct materials to the production are causes an increase in Work in Process Inventory.
3. There should be a Work in Process Inventory ledger account for each job.
4. The Work in Process Inventory account includes actual rather than applied manufacturing overhead.
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