Examlex
When reporting your findings,which of the following is not necessary for you to disclose?
Direct Labor Hours
The total time workers spend producing goods or providing services that are directly associated with the production costs.
Manufacturing Overhead-Control
An account that records the actual overhead costs incurred in the manufacturing process, differing from allocated overhead.
Factory Supplies Inventory
Items stored by a manufacturing company that are necessary for the maintenance of machinery and the manufacturing process but are not part of the finished goods.
Work-In-Process
Work-in-process (WIP) refers to partially finished goods that are still in the production process at a manufacturing company's inventory.
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