As production takes place, all manufacturing costs are added to the:
A) Work-in-Process Inventory account.
B) Manufacturing-Overhead Inventory account.
C) Cost-of-Goods-Sold account.
D) Finished-Goods Inventory account.
E) Production Labor account.

Question

Quizplus · Accepted Answer

During production, all manufacturing costs (direct materials, direct labor, and manufacturing overhead) are added to the Work-in-Process (WIP) Inventory account. This account tracks the costs associated with products that are in the process of being manufactured but are not yet complete.

As Production Takes Place, All Manufacturing Costs Are Added to The