Question

When raw materials are purchased, the work in process inventory account is debited. select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer.

a. true
b. false

Answer 1

The Work in Process (WIP) Inventory Account is not debited when raw materials are purchased.

Step-by-step explanation:

When raw materials are purchased, the Work in Process (WIP) Inventory Account is not debited. Instead, the Raw Materials Inventory Account is debited.

In accounting, the WIP Inventory Account is used to track the cost of partially completed goods in a manufacturing process. It is debited when direct materials, direct labor, and manufacturing overhead costs are incurred on a product.

So, the correct answer is b. false.