Which if the following is not a component of determining and recording manufacturing costs?
A) Charging direct materials and direct labor to work in process.
B) Transferring costs between production departments.
C) Assigning manufacturing overhead to work in process.
D) Maintaining correctness of inventory balances.
E) Transferring the cost of completed production to finished goods.

Question

Quizplus · Accepted Answer

Maintaining correctness of inventory balances is more related to inventory management and accounting rather than a direct component of determining and recording manufacturing costs, which typically involves charging direct materials, direct labor, assigning manufacturing overhead, and transferring costs related to production.

Which If the Following Is Not a Component of Determining