In which account is the actual amount of costs such as factory utilities and mai

Q: In which account is the actual amount of costs such as factory utilities and mai

Solution 14: Cost such as factory utilities and maintenance is initially recorded in "Manufacturing Overhead" account. Hence option b is correct. Solution 15: Cost of production worker salaries will be recognized as an expense when the manufacturing process is complete. Hence option b is correct.

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Question

In which account is the actual amount of costs such as factory utilities and maintenance initially recorded? a. Work in process inventory Ob. Manufacturing overhead C. Raw materials inventory O d. Supplies inventory QUESTION 15 Furst Company pays production workers' salaries on account. The cost will be recognized as an expense when: a. the goods made by the production workers are sole b. the manufacturing process is complete. O c. the cash is paid to settle the associate account payable. d. none of these.

Explanation / Answer

Solution 14:

Cost such as factory utilities and maintenance is initially recorded in "Manufacturing Overhead" account.

Hence option b is correct.

Solution 15:

Cost of production worker salaries will be recognized as an expense when the manufacturing process is complete.

Hence option b is correct.

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In which account is the actual amount of costs such as factory utilities and mai

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