Question

To allocate manufacturing overhead to specific jobs, the needed journal entry would include a:__________

Answer 1

To allocate manufacturing overhead to specific jobs, the needed journal entry would include a credit to the manufacturing overhead account.

Manufacturing is the creation or manufacture of goods using equipment, labor, machinery, tools, and chemical or biological processes or formulations. It is the essence of the secondary sector of the economy.

Manufacturing is defined as creating new products from raw materials or parts. Examples of manufacturing industries include car companies, bakeries, shoe stores, and tailors. They do not manufacture products or provide services.

Manufacturing is the manufacture of goods, either by hand or by machine, which is then sold by an entity to its customers. Items used for crafting can be raw materials or components for larger products. Manufacturing is usually done on large production lines using machines and skilled workers.

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