At the End of Each Month, a Company Must Total

question 78

Multiple Choice

At the end of each month, a company must total up the costs shown on the job cost sheets.What amount should this equal?

• A)the total of the Work in Process Inventory account in the general ledger
• B)the total of the Job Cost Expense account in the general ledger
• C)the cost of all job costs incurred during the year
• D)the total cost of manufacturing overhead applied during the year

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