Ask Question
1 January, 14:55

When factory wages payable costs for labor are allocated in a job cost accounting system?

+2
Answers (1)
  1. 1 January, 15:11
    0
    When factory wages payable costs for labor are allocated in a job cost accounting system, the factory overhead and the work in process inventory are set as debited and factory wages payable are set as credited. Altogether manufacturing cost as well as direct material, direct labor, and manufacturing overhead are come organized in the work in process inventory count. Additionally, as each separate job starts a job cost sheet is organized to track the cost for the job.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When factory wages payable costs for labor are allocated in a job cost accounting system? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers