Raw Materials Inventory Factory Labor and Manufacturing Overhead are all control accounts when a job order cost accounting system is used.

Name: Raw Materials Inventory Factory Labor and Manufacturing Overhead are all control accounts when a job order cost accounting system is used.
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Question

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In a job order cost accounting system, Raw Materials Inventory is a control account, but Factory Labor and Manufacturing Overhead are not control accounts; they are cost accounts used to accumulate costs.

Raw Materials Inventory Factory Labor and Manufacturing Overhead Are All