Materials issued to production are recorded by:     debiting Raw Materials Inventory and crediting the departmental Finished Goods account.   debiting Raw Materials Inventory and crediting the departmental Work in Process account.   debiting the departmental Work in Process account and crediting Raw Materials Inventory.   debiting the departmental Finished Goods account and crediting Raw Materials Inventory.

The Cost of Production Report provides info and reports on the production costs charged to that department and the costs allocated to finished goods and to work-in-process. True False

How is activity-based cost allocation useful to management for control and evaluation of the performance of a department? List three points only and briefly discuss them.    Why is it necessary for the cost accountant to determine the percentage of completion in the ending work in process inventory at the end of the period? Briefly explain.