Indicate whether the accounts below are used in the cost flow for a manufacturer, a service provider, or both. Cost of Services   Cost of Goods Sold   Factory Overhead   Finished Goods   Materials   Overhead   Supplies   Wages Payable   Work in Process

In process cost accounting, the costs of direct materials and direct labor are charged directly to a. customer accounts receivable b. job orders Oc Od. processing departments C. service departments

Question: The question is in the diagram below: Which one of the following is used by the production department supervisor to request the materials for production? Select one: O a. Material requisition. O b. Purchase order. O c. Bill of materials. O d. Job cost record. As goods are sold, the cost of the goods is transferred from: Select one: O a. finished goods to cost of goods sold O b. work in process to cost of goods sold O c. overhead to finished goods O d. work in process to finished goods

QUESTION 5 Indicate whether each of the following costs incurred by a manufacturer would be considered a Product Cost or a Period Cost. If the cost is identified as a Product Cost, indicate whether it would be considered Direct Material, Direct Labor, or Manufacutring Overhead (MOH). The salary of the accounting manager A. Product - Direct Labor The wages of the assembly workers assembling tables B. Period The production supervisor's salary C. Product - Direct Materials D. Product - MOH