Job-order costing is used.What account is credited when direct labor costs are incurred?
A)Work-in-process Inventory
B)Finished Goods Inventory
C)Cost of Goods Sold
D)Accrued Payroll

Name: Job-order costing is used.What account is credited when direct labor costs are incurred? A)Work-in-process Inventory B)Finished Goods Inventory C)Cost of Goods Sold D)Accrued Payroll
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Question

Quizplus · Accepted Answer

When direct labor costs are incurred, the Accrued Payroll account is credited to reflect the liability for wages owed to employees.

Job-Order Costing Is Used