Which Statement Is True with Regard to Factory Labour Costs

question 57

Multiple Choice

Which statement is true with regard to factory labour costs?

• A)It represents the net amount paid to factory workers for work on jobs.
• B)It is added to the Factory Labour account and later assigned to work in process or manufacturing overhead.
• C)These costs are accrued before incurred.
• D)Amounts incurred during a particular year that have not been allocated to jobs are carried over to the next year.

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Definitions:

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