Indicate whether each of the following statements is true or false.
Wages paid to production workers are classified as wages expense.______
Wages paid to production workers represent an asset exchange transaction.______
Supplies used in production are considered an indirect input and are accounted for as part of manufacturing overhead.______
Raw materials are indirect inputs to the production process.______

Question

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The Answer of Indicate whether each of the following statements is true or false.
Wages paid to production workers are classified as wages expense.______
Wages paid to production workers represent an asset exchange transaction.______
Supplies used in production are considered an indirect input and are accounted for as part of manufacturing overhead.______
Raw materials are indirect inputs to the production process.______

Indicate Whether Each of the Following Statements Is True or False