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Which ledger contains the cost of materials, wages, and overheads for each job undertaken?
  • a)
    Stores Ledger
  • b)
    Work-in-Progress Ledger
  • c)
    Finished Goods Ledger
  • d)
    Cost Ledger
Correct answer is option 'B'. Can you explain this answer?
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Which ledger contains the cost of materials, wages, and overheads for ...
The Work-in-Progress Ledger contains the cost of materials, wages, and overheads for each job undertaken. It helps in tracking the cost of work in progress and specific jobs or processes.
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Which ledger contains the cost of materials, wages, and overheads for each job undertaken?a)Stores Ledgerb)Work-in-Progress Ledgerc)Finished Goods Ledgerd)Cost LedgerCorrect answer is option 'B'. Can you explain this answer?
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