When direct labor costs are recorded: Multiple Choice Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited. Work in Process Inventory is debited and Factory Wages Payable is credited. Work in Process Inventory is debited and Factory Overhead is credited. Factory Wages Payable is debited and Work in Process Inventory is credited. Cost of Goods Manufactured is debited and Direct Labor is credited.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Areceive reimbursement for your college visit costs b schedule a tour of the college campus c attend a college class to see what it’s like d both b & c e all of the above