Question 1
Signify the account that should be DEBITED to record each transaction below.
Group of answer choices
A. The consumption of direct materials in the manufacturing process.
[ Choose ] Manufacturing overhead Selling, general and administrative expenses Work in process Cost of goods sold Finished goods Raw materials
B. The consumption of indirect materials in the manufacturing process.
[ Choose ] Manufacturing overhead Selling, general and administrative expenses Work in process Cost of goods sold Finished goods Raw materials
C. The cost of direct labor incurred in the manufacturing process.
[ Choose ] Manufacturing overhead Selling, general and administrative expenses Work in process Cost of goods sold Finished goods Raw materials
D. The cost of indirect labor incurred in the manufacturing process.
[ Choose ] Manufacturing overhead Selling, general and administrative expenses Work in process Cost of goods sold Finished goods Raw materials
E. The allocation of manufacturing overhead to jobs using a predetermined rate.
[ Choose ] Manufacturing overhead Selling, general and administrative expenses Work in process Cost of goods sold Finished goods Raw materials