Which of the following is not viewed as part of accumulating manufacturing costs in a job order cost system?
A) Cost of goods sold is recognized
B) Raw materials are purchased
C) Factory labor is incurred
D) Manufacturing overhead is incurred

Question

Quizplus · Accepted Answer

Cost of goods sold is recognized when the finished products are sold and is not part of the accumulating manufacturing costs in a job order cost system. Raw materials, factory labor, and manufacturing overhead are all part of accumulating manufacturing costs.

Which of the Following Is Not Viewed as Part of Accumulating