Which of the following cost(s) is (are) recorded directly into the work in process inventory account?
a. Direct materials
b. Indirect materials
c. Direct labor
d. Both a and c
e. All of the above

Respuesta :

Option D. Direct materials and direct labor.

Inventory accounting is the frame of accounting that offers with valuing and accounting for adjustments in inventoried belongings. A company's inventory commonly involves items in three levels of production: Direct materials, in-development goods, and completed goods that are prepared for sale.

Each agency that sells physical items desires to decide the value of its inventory for accounting functions. in view that stock commonly money owed for a huge portion of business belongings, the manner it is valued can notably affect the corporation's profits, tax liability and asset cost.

A journal access for inventory is a record in your accounting ledger that enables you music your stock transactions.

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