Question

Each process is _______ with material cost, labour cost, direct expenses and overheads allocated or apportioned to the process. 

1. Debited 

2. Credited 

3. Either debited or credited 

4. None of the above

Answer 1

1. Debited

Each process is Debited with material cost, labour cost, direct expenses and overheads allocated or apportioned to the process.