Author Question: Which account would be credited if the following labor wages were incurred in a furniture ... (Read 77 times)

codyclark · **on:** Jul 5, 2018

Which account would be credited if the following labor wages were incurred in a furniture manufacturing company?

Assembly workers 20,000
Janitors 10,000

A) Work-in-Process Control, 30,000
B) Manufacturing Overhead Control, 30,000
C) Wages Payable Control, 30,000
D) Accounts Payable Control, 30,000

Question 2

Information that is capable of making a difference in a decision-making situation, by reducing uncertainty or increasing knowledge for that particular decision, has the quality of relevance.
Indicate whether the statement is true or false