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When products are sold, the account, _________________, is debited.


A) Finished Goods Inventory
B) Work-in-Process Inventory
C) Cost of Goods Sold
D) Accounts payable

E) A) and C)
F) B) and C)

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Which of the following costs would typically be considered an "actual manufacturing overhead" cost?


A) Salesperson's vehicle expense
B) Factory supplies
C) Advertising expense
D) Sales commission

E) All of the above
F) A) and B)

Correct Answer

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