Total manufacturing costs incurred during the year do not include:
A)Direct materials used.
B)Factory supplies used.
C)Work in Process inventory,beginning balance.
D)Direct labor.
E)Depreciation of factory machinery.

Question

Quizplus · Accepted Answer

Work in process inventory is not a cost incurred during the year, it is an account that represents the value of partially completed goods that are still in the manufacturing process. The other choices (direct materials used, factory supplies used, direct labor, and depreciation of factory machinery) are all costs that are incurred during the manufacturing process.

Total Manufacturing Costs Incurred During the Year Do Not Include