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Suppose that during the production of a particular job, a machine destroyed $2,750 of raw materials.How should the cost of these materials be handled?

Accounting Cost Accounting Financial Accounting CMA
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Question added by Said Shaban , Accountant , Tri State Materials Testing
Date Posted: 2015/08/03
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Said Shaban
by Said Shaban , Accountant , Tri State Materials Testing

The correct answer is: 

The $2,750 cost of materials should be charged to the overhead account as indirect materials.

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