Which of the following statements about materials is false?
A) Acquisitions of materials are normally charged to the Purchases account.
B) The use of direct materials gives rise to a debit to Work-in-Process Inventory.
C) The use of indirect materials gives rise to a debit to Manufacturing Overhead.
D) The use of indirect materials gives rise to a credit to Manufacturing Supplies Inventory.
E) Direct materials are accounted for in a different manner than indirect materials.
Correct Answer:
Verified
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