When materials are put into production,they are taken from the raw materials account and put into the work-in-process account.

Name: When materials are put into production,they are taken from the raw materials account and put into the work-in-process account.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true as materials are typically used in the production process and are considered a part of the work-in-process inventory until they are fully transformed into finished goods.

When Materials Are Put into Production,they Are Taken from the Raw