Recording jobs completed would include a debit to
A) Factory Overhead
B) Finished Goods
C) Work in Process
D) Cost of Goods Sold

Name: Recording jobs completed would include a debit to A) Factory Overhead B) Finished Goods C) Work in Process D) Cost of Goods Sold
Brand: Quizplus
Rating: 5.0 (34 reviews)

Question

Quizplus · Accepted Answer

Jobs completed are finished goods, which are transferred from work in process to finished goods inventory. Therefore, recording jobs completed would involve a debit to Finished Goods.

Recording Jobs Completed Would Include a Debit to