Which of the Following Would Be Used to Record the Depreciation

question 46

Multiple Choice

Which of the following would be used to record the depreciation of manufacturing equipment?

• A) Raw Materials Inventory would be debited.
• B) Work in Process Inventory would be debited.
• C) Manufacturing Overhead would be debited.
• D) Manufacturing Overhead would be crediteD.
• Actual indirect manufacturing costs, including depreciation of manufacturing equipment, are accumulated in the Manufacturing Overhead account on the debit side of the account.

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Definitions:

Managerial Implications

The potential outcomes or consequences of management decisions and actions on organizational performance and strategy.

Secondary Obligations

In contract law, obligations that arise when a primary obligation fails or cannot be performed, often relating to compensatory measures or damages.

Enforced

Applied or implemented by force, authority, or legal requirement, ensuring compliance or adherence to laws, rules, or agreements.

Contract

A legally binding commitment between parties to perform or refrain from performing specified acts.