In a job order cost accounting system, the journal entry to record the flow of direct labor costs into production consists of a

Name: In a job order cost accounting system, the journal entry to record the flow of direct labor costs into production consists of a
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Direct labor costs are charged directly to the job and thus are debited to Work in Process, reflecting the increase in costs associated with production. The credit to Wages Payable recognizes the liability to pay the workers.

In a Job Order Cost Accounting System, the Journal Entry