Direct materials and direct labour are assigned to individual job cost records and are recorded with a debit to Work in process.

Question

Quizplus · Accepted Answer

Direct materials and direct labour are directly assigned to individual job cost records and are recorded with a debit to Work in process account. This helps in keeping track of the costs associated with each job and enables accurate calculation of the cost of goods sold. Therefore, the statement is true.

Direct Materials and Direct Labour Are Assigned to Individual Job