Which one of the following occurs when assigning manufacturing costs to work in process?

Question

Quizplus · Accepted Answer

When assigning manufacturing costs to work in process, the Raw Materials account is credited to reflect the transfer of materials from inventory into the production process. This is part of the journal entry that also includes debiting the Work in Process account to record the increase in costs associated with the production.

Which One of the Following Occurs When Assigning Manufacturing Costs