The details concerning the costs incurred on each job order are accumulated in a work in process account, which is supported by a:

Question

Quizplus · Accepted Answer

The costs incurred on each job order are accumulated in a work in process account, which is supported by a cost ledger. The cost ledger provides detailed information about the cost of production, such as direct materials, direct labor, and overhead costs. The stock ledger records the movement of finished goods inventory, the materials ledger records the movement of raw materials inventory, and the creditors ledger records the amounts owed to suppliers.

The Details Concerning the Costs Incurred on Each Job Order