1. The entry to assign the costs of indirect labor for the janitor reaponsible for cleaning the factory where a manufacturer makes cars would include a debit to which account?

a. manufacturing overhead
b. work-in-process inventory
c. finished goods inventory
d. wages payable

2. A transfer of indirect materials, such as nails and screws, into production include a credit to which account?

a. finished goods inventory
b. work-in-place inventory
c. manufacturing overhead
d. raw materials inventory

3. The entry to record a transfer of direct materials for use in production would include a debit to which account?

a. finished goods inventory
b. materials inventory
c. work-in-process inventory
d. cost of goods manufactured

4. The two basic types of methods used to trace and assign product costs are -

a. job costing and process costing.
b. periodic costing and perpetual costing.
c. product costing and materials inventory costing.
d. periodic costing and process costing.

5. Which costing system better accounts for a unique individual product, such as a custom paint job on a 1960 Corvette?

a. job costing system
b. process costing system
c. product costing system
d. overhead costing system

6. Use of direct and indirect materials in production requires a credit to -

a. work-in-process inventory
b. raw materials inventory
c. manufacturing overhead
d. finished goods inventory

7. The warehouse management team members of a manufacturing company submits their timesheets. The entry to record their indirect labor costs to the job would include a credit to which account?

a. manufacturing overhead
b. manufacturing wages
c. work-in-process inventory
d. wages payable

8. Engineers who design cars for a car manufacturing company submit their timesheets. The entry to record their direct labor costs to the job would include a debit to which account?

a. finished goods inventory
b. manufacturing overhead
c. wages payable
d. work-in-process inventory

9. A transfer of direct materials, such as metal used to make the outer case of a video gaming system, into production include a debit to which account?

a. manufacturing overhead
b. finished goods inventory
c. work-in-process inventory
d. either manufacturing overhead or work-in-process inventory

10. The entry to record the purchase of materials using a job costing system would include a -

a. credit to work-in-process inventory.
b. debit to accounts payable.
c. debit to raw materials inventory.
d. debit to work-in-process inventory.