The Flow of Costs in Job-Order Costing – LO 3-2
Managerial Accounting
Garrison, Noreen, and Brewer
17th Edition
For each of the transactions, indicate which account should be debited and credited. Direct materials issued to production. Salary of the Production Supervisor owed. Oil, waste rags, and solder are used up. The salary of direct laborers is owed. Manufacturing overhead is applied.