Direct and indirect material costs.
Direct and indirect labor costs.
Direct labor and factory overhead costs.
Indirect labor and factory overhead costs.
Question 11. Question : The journal entry to record incurred
direct labor would include a
credit to:
Student Answer:
Work-in-Process Inventory.
Accrued Payroll.
Factory Overhead.
Materials Inventory.
Finished Goods Inventory.
Question 12. Question : Process cost systems are used in all
of the following industries
except: