Question:What is the purpose of applying overhead costs to work in process? 

A To meet the legal requirements of the IRS 
B To reduce the Expense line on the profit & loss statement 
C To accurately apply costs to WIP so that the cost of the finished product reflects all the costs incurred to produce it 
D To hide costs from the auditors 

+ Answer
B 

+ Explanation
answer not sure

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Md. Habib Ullah

Editor, VCampus

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