Companies assign raw materials costs when their materials storeroom issues the materials

Companies assign raw materials costs when their materials storeroom issues the materials

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Companies assign raw materials costs when their materials storeroom issues the materials. Requests for issuing raw materials are made on a renumbered materials requisition slip. The materials issued may be used directly on a job, or they may be
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: considered indirect materials. The company will charge direct materials to Work in Process Inventory, and indirect materials to Manufacturing Overhead....
View Full Document

This note was uploaded on 12/25/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

Ask a homework question - tutors are online