Flying high manufacturing produces frisbees using a threeminus-step sequential process that includes molding, coloring and finishing. when the frisbees and associated costs are transferred from the molding process to the coloring process, which account is credited?

When the frisbees and associated costs are transferred from the molding process to the coloring process WIP Inventory-Molding is credited. WIP inventory stands for Work in Process inventory, that are the materials that have been partially converted through the production process. In this case from molding process to the coloring process.