The debit to Factory Overhead for the cost of indirect materials is obtained from the summary of the materials requisitions.

Question

Quizplus · Accepted Answer

Indirect materials are included in Factory Overhead and their cost is debited to the Factory Overhead account. This cost is usually obtained from the summary of the materials requisitions, which list both direct and indirect materials used in production. Therefore, the statement is true.

The Debit to Factory Overhead for the Cost of Indirect