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English, 15.02.2021 02:00 smithsa10630

PLEASE HELP WITH THIS QUIZ 1) use of direct and indirect materials and production requires a credit to

A) Work in process inventory
B) Raw materials inventory
C) Manufacturing overhead
D) Finished good inventory

2) which costing system better accounts for a unique individual products such as a custom paint job on a 1960 Corvette

A) Job costing system
B) process casting system
C) product casting system
D) overhead costing system

3) The entry to record the purchase of materials using a job cost and system would include a

A) Credit to work and process inventory
B) debit to account payable
C) debit to raw material inventory
D) debit to work in process inventory

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Answers: 3

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PLEASE HELP WITH THIS QUIZ 1) use of direct and indirect materials and production requires a credit...

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