Which of the following is not a cost that is included in the ending balances of the Work in Process Inventory account in a job-order cost system?

Question

Quizplus · Accepted Answer

Cost of Goods Sold is not included in the ending balances of Work in Process Inventory account as it is a separate account that records the cost of goods that have been completed and sold during the period. The other options, costs of tires attached to wagons by a toy manufacturer, factory-related costs, and cost of wages earned by assembly workers are all costs that are included in the ending balances of the Work in Process Inventory account in a job-order cost system.

Which of the Following Is Not a Cost That Is