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8 October, 12:14

When factory wages payable costs for labor are allocated in a job cost accounting system?

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  1. 8 October, 13:50
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    When factory wages payable costs for labor are allocated in a job cost accounting system, the factory overhead and the work in process inventory are set as debited and factory wages payable are set as credited. Altogether manufacturing cost as well as direct material, direct labor, and manufacturing overhead are come organized in the work in process inventory count. Additionally, as each separate job starts a job cost sheet is organized to track the cost for the job.
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