In a job-order costing system, manufacturing overhead applied is recorded as a debit to:
A: Raw Materials inventory.
B: Finished Goods inventory.
C: Work in Process inventory.
D: Cost of Goods Sold.
A: Raw Materials inventory.
B: Finished Goods inventory.
C: Work in Process inventory.
D: Cost of Goods Sold.
举一反三
- Whenever direct material, direct labor, and manufacturing overhead are recorded on a job cost record, an associated journal entry is made to debit which of the following accounts? （ ） A: Sales Revenue B: Finished Goods Inventory C: Cost of Goods Sold D: Work in Process Inventory
- Budgeted purchases =beginning inventory + cost of goods sold – desired ending inventory.
- When products are completed, A: Finished Goods Inventory is credited. B: Work in Process Inventory is credited. C: Cost of Goods Sold is debited. D: Work in Process Inventory is debited.
- When the amount of over-applied factory overhead is significant, the entry to close over-applied factory overhead will most likely require （ ）当超分配的制造费用金额很大时，超分配的制造费用很可能需要计入。（ ） A: A debit to cost of goods sold. 销售成本借方。 B: Credit to work-in-process inventory. 在产品贷方 C: Credit finished goods inventory 产成品贷方 D: Credit to cost of goods sold.销售成本贷方
- ___________ is the average number of times the inventory is sold per year. A: a. Inventory storage B: b. Cost of goods sold C: c. Cost of goods available for sale D: d. Inventory turnover