Budget data are NOT journalized in cost accounting systems with the exception of
A)the application of manufacturing overhead.
B)direct labour budgets.
C)direct materials budgets.
D)cash budget data.

Question

Quizplus · Accepted Answer

In cost accounting systems, budget data are typically not journalized except for the application of manufacturing overhead, which involves allocating estimated overhead costs to products based on a predetermined rate.

Budget Data Are NOT Journalized in Cost Accounting Systems with the Exception