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Which of the following statements about manufacturing overhead costs is not correct? All manufacturing costs other than direct materials and direct labor are classified as
Which of the following statements about manufacturing overhead costs is not correct?
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All manufacturing costs other than direct materials and direct labor are classified as manufacturing overhead costs.
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All manufacturing costs other than direct materials and direct labor are entered directly into the Manufacturing Overhead account.
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Depreciation on factory equipment is recorded with a debit to Depreciation Expense.
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Manufacturing overhead costs are recorded with a debit to Manufacturing Overhead account as they are incurred.
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