At the time indirect materials are issued to production,the balance in the:
A) The balance in the manufacturing overheadManufacturing Overhead account will decrease.
B) The balance in the work in process inventoryWork in Process Inventory account will increase.
C) The balance in the raw materials inventoryRaw Materials inventory account will increase.
D) The balance in the manufacturing overheadManufacturing Overhead account will increase.

Question

Quizplus · Accepted Answer

When a company uses production supplies,which are indirect materials,the asset account Production Supplies decreases and the temporary asset account Manufacturing Overhead increases.This event is an asset exchange transaction.

At the Time Indirect Materials Are Issued to Production,the Balance