Which of the following costs would flow through the Work in Process account for a manufacturing firm? (check all that apply)

Raw materials used, direct labor incurred, and depreciation on manufacturing equipment all go into Work in Process. Salaries for R&D staff and depreciation on the CEO’s jet would be period costs and flow directly to the income statement as part of SG&A expense.

Raw materials used, direct labor incurred, and depreciation on manufacturing equipment all go into Work in Process. Salaries for R&D staff and depreciation on the CEO’s jet would be period costs and flow directly to the income statement as part of SG&A expense.

Raw materials used, direct labor incurred, and depreciation on manufacturing equipment all go into Work in Process. Salaries for R&D staff and depreciation on the CEO’s jet would be period costs and flow directly to the income statement as part of SG&A expense.