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Webster World Products Uses the Following Account Titles

Question 47

Essay

Webster World Products uses the following account titles:
A.
Accounts payable
F.
Depreciation expense
B.
Raw materials inventory
G.
Accumulated depreciation
C.
Work in process inventory
H.
Wages and salaries payable
D.Manufacturing overhead
E.
Cost of goods sold
J.
Finished goods inventory
For each transaction described below, indicate which accounts would be debited and credited under a job order cost system:
Webster World Products uses the following account titles: A. Accounts payable F. Depreciation expense B. Raw materials inventory G. Accumulated depreciation C. Work in process inventory H. Wages and salaries payable D.Manufacturing overhead E. Cost of goods sold J. Finished goods inventory For each transaction described below, indicate which accounts would be debited and credited under a job order cost system:

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