Question: both of them please Multiple Choice Question 104 When determining costs of lobs, how does a company account for Indirect materialis? O It is added

Multiple Choice Question 104 When determining costs of lobs, how does a company account for Indirect materialis? O It is added to work in process as used. It remains part of raw materials inventory. OIt is transferred out of raw materials into manufacturing overhead when used. O It is transferred out of raw materials into work in process as used. Click if you would like to Show Work for this question MacBook Pro 2 3 4 5 6 8 Multiple Choice Question 131 If Manufacturing Overhead has a credit balance at the end of the period, then overhead has been underapplied. the overhead assigned to Work in Process Inventory is less than the overhead incurred. overhead has been overapplied. management must take corrective action. Click if you would like to Show Work for this question: Open Show Work MacBook Pro 2 3 4 5 6 A/
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