Manufacturing Overhead is a temporary account used to ________ indirect production costs during the accounting period. A. alloc

Question

stealth61 [152]

3 years ago

7

Manufacturing Overhead is a temporary account used to ________ indirect production costs during the accounting period. A. alloc

ate B. approximate C. assign D. accumulate

Business

1 answer:

Anton [14] · Answer 1 · 2022-09-08T04:00:17+03:00

Answer: (D) Accumulate

Explanation:

The accumulate is the term that is used to refers to the increase in the business equity and also the working capital due to the high profit in an organization.

It is basically refers to the flow account in which we record all the asset and the financial and also the non-financial liabilities during the time of transaction.

According to the given question, the manufacturing overhead is one of the type of temporary account that is typically used to accumulate the indirect production cost at the time of accounting.

Therefore, Option (D) is correct answer.

Manufacturing Overhead is a temporary account used to​ ________ indirect production costs during the accounting period. A. alloc

Manufacturing Overhead is a temporary account used to ________ indirect production costs during the accounting period. A. alloc