Asked by Katrina Kazandjian on Jun 11, 2024

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The details concerning the costs incurred on each job order are accumulated in a work in process account and supported by a

A) stock ledger
B) materials ledger
C) cost ledger
D) creditors ledger

Work in Process Account

An account used to record the costs associated with incomplete products in the manufacturing process.

Cost Ledger

A subsidiary ledger that records individual costs associated with specific cost centers or cost objects.

  • Familiarize oneself with the significance of diverse ledgers and documents utilized in cost accounting.
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Shubhangi BharadwajJun 12, 2024
Final Answer :
C
Explanation :
The details concerning the costs incurred on each job order are accumulated in a cost ledger. This ledger tracks the direct materials, direct labor, and manufacturing overhead costs that are added to the work in process account for each job order. A stock ledger is used to track inventory quantities and values over time. A materials ledger tracks the amount of raw materials used in production, as well as any purchases and returns made. A creditors ledger tracks amounts owed to suppliers and vendors.