O'Hare Company, is a manufacturing firm that uses a job-order cost system to determine the costs of its products. During the current accounting period, O'Hare used $1,200 of direct raw materials for job #132. The recognition of this event would reflect an increase in which of the following accounts?
A) Work in Process Inventory
B) Finished Goods Inventory
C) Raw Materials Inventory
D) Cost of Goods Sold
Correct Answer:
Verified
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