In a Job-Order System,which of the Following Statements Is TRUE

Multiple Choice

In a job-order system,which of the following statements is TRUE?

A) The Work-in-Process Inventory account is increased by the actual factory overhead costs incurred for a job.
B) The Work-in-Process Inventory account is increased by the applied factory overhead costs for a job.
C) The Work-In-Process Inventory account is decreased by the budgeted amount of factory overhead costs for a job.
D) The Work-In-Process Inventory account is increased by the budgeted amount of factory overhead costs for a job.