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The overhead cost applied to a job during a period is recorded with a credit to Factory Overhead and a debit to:

User CopsOnRoad
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Answer:

Goods in Process Inventory.

Step-by-step explanation:

These are the options for the question;

Jobs Overhead Expense.

Cost of Goods Sold.

Finished Goods Inventory.

Indirect Labor.

Goods in Process Inventory.

overhead cost are expenses that are required in a business for smooth running that cannot be be associated to producing the goods/service. Example of overhead cost are cost on insurance, interest, expenses on rent, advertising.

The overhead cost applied to a job during a period is recorded with a credit to Factory Overhead( cost that are involved during manufacturing operation, theses cost doesn't involve the cost of raw material and direct labor)and a debit to Goods in Process Inventory( this work-in-process is recordedd in the balance sheet, it cover goods that are not yet completely produced, I.e they are not yet available for selling out during the manufacturing process.)

User Kaweesha
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