Indirect materials issued to production are recorded with a debit to Work in Process and a credit to Raw Materials.

Name: Indirect materials issued to production are recorded with a debit to Work in Process and a credit to Raw Materials.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Indirect materials issued to production are typically recorded with a debit to Manufacturing Overhead (or Factory Overhead) and a credit to Raw Materials, as they are part of the overhead costs, not directly traced to specific jobs or products.

Indirect Materials Issued to Production Are Recorded with a Debit