Question Details

When units are sold, the cost associated with the units is debited to which account 



1. When units are completed, the cost associated with the job is credited to which account? 
A. Raw Materials Inventory
B. Work in Process Inventory
C. Finished Goods Inventory
D. Cost of Goods Sold
2. When units are sold, the cost associated with the units is credited to which account? 
A. Raw Materials Inventory
B. Work in Process Inventory
C. Finished Goods Inventory
D. Cost of Goods Sold
3. When units are completed, the cost associated with the job is debited to which account? 
A. Raw Materials Inventory
B. Work in Process Inventory
C. Finished Goods Inventory
D. Cost of Goods Sold
4. When units are sold, the cost associated with the units is debited to which account ? 
A. Raw Materials Inventory
B. Work in Process Inventory
C. Finished Goods Inventory
D. Cost of Goods Sold
5. When materials are placed into production, 
A. Raw Materials Inventory is debited if the materials are traced directly to the job.
B. Work in Process Inventory is debited if the materials are traced directly to the job.
C. Manufacturing Overhead is debited if the materials are traced directly to the job.
D. Raw Materials Inventory is credited only if the materials are traced directly to the job, otherwise manufacturing overhead is credited.




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