In job-order costing,a debit to Work-In-Process Inventory is used to record ________.
A) a requisition of direct materials for a job
B) the cost of labor used by a job
C) factory overhead applied to a job
D) all of the above

Question

Quizplus · Accepted Answer

A debit to Work-In-Process Inventory is used to record all three transactions - requisition of direct materials for a job, the cost of labor used by a job, and factory overhead applied to a job. This account represents the direct and indirect costs associated with partially completed jobs.

In Job-Order Costing,a Debit to Work-In-Process Inventory Is Used to Record