Debit to manufacturing overhead
Debit to marketing expenses
Debit to work in process inventory
Credit to work in process inventory
Debit to cost of goods sold
Debit to finished goods inventory
Debit to work in process inventory
Debit to raw materials inventory
Debit to sales revenue and credit to accounts receivable
Debit to cost of goods sold and credit to finished goods inventory
Debit to finished goods inventory and credit to cost of goods sold
Debit to cost of goods sold and credit to sales revenue
Manufacturing overhead
Work in process inventory
Finished goods inventory
Wages payable
Finished goods inventory
Manufacturing overhead
Wages payable
Work in process inventory
Finished goods inventory
Raw materials inventory
Work in process inventory
Cost of goods manufactured
Credit to work in process inventory
Debit to accounts payable
Debit to raw materials inventory
Debit to work in process inventory
Indirect costs are traced to client jobs
Direct costs are allocated to client jobs
All costs are allocated to client jobs
Indirect costs are allocated to client jobs
Actual direct cost of providing the service
The allocation of indirect costs
The profit on the job
The billing rate and hours spent on the job
Billing rate.
Salary rate.
Wage rate.
Job rate.
Labor rate
Indirect cost allocation rate
Direct cost rate
Hourly cost rate