In the Excel,or spreadsheet,approach to recording financial transactions,indirect labor paid in cash is recorded as a decrease in the Cash column and as an increase in the Work in Process column.

Question

Quizplus · Accepted Answer

Indirect labor paid in cash is recorded as a decrease in the Cash column and an increase in the Manufacturing Overhead column, not the Work in Process column, as it is a part of overhead costs, not direct costs.

In the Excel,or Spreadsheet,approach to Recording Financial Transactions,indirect Labor Paid