Work in Process is a control account supported by detailed cost data contained in:
A)the Finished Goods inventory account.
B)purchase requisitions.
C)the Manufacturing Overhead account.
D)job cost sheets.

Question

Quizplus · Accepted Answer

Work in Process is a control account that is used to accumulate the costs of production until the goods are completed. The detailed cost data is contained in job cost sheets, which provide information on the direct materials, direct labor, and manufacturing overhead costs associated with each production job. Therefore, option D (job cost sheets) is the best choice for the detailed cost data supporting the Work in Process account.

Work in Process Is a Control Account Supported by Detailed