When a job order costing system is used, actual manufacturing overhead costs are debited to ________. A. the Manufacturing Overhead account B. the Cost of Goods Sold account C. the WorkminusInminusProcess Inventory account D. expense accounts

Job order costing is a part of cost accounting system which is used when specific job is being performed. In Job order costing first an estimate for overheads is taken. Then it is compared with actual overheads. Under applied or over applied overheads are then debited or credited to Cost of goods sold account.

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BenitoMarin BenitoMarin · Answer 2 · 2020-02-05T10:56:10+01:00

Answer:

The correct answer is letter "A": the Manufacturing Overhead account.

Explanation:

The Manufacturing Overhead account is a temporary account where the overhead costs currently being incurred are debited. Those costs proceed from the Work-In-Progress (WIP) account. As soon as there is a final good, the costs are credited to the WIP account and debited to the Finished Goods of Inventory and when those units are sold, the costs are debited to the Cost of Goods Sold account.

When a job order costing system is​ used, actual manufacturing overhead costs are debited to​ ________. A. the Manufacturing Overhead account B. the Cost of Goods Sold account C. the WorkminusInminusProcess Inventory account D. expense accounts

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When a job order costing system is used, actual manufacturing overhead costs are debited to ________. A. the Manufacturing Overhead account B. the Cost of Goods Sold account C. the WorkminusInminusProcess Inventory account D. expense accounts