Adelphia Manufacturing issued $70,000 of direct materials and $9,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction?O A. Work-in- Process InventoryRaw Materials InventoryB. Manufacturing OverheadRaw Materials InventoryOC. Work-in - Process InventoryManufacturing OverheadRaw Materials InventoryD. Raw Materials InventoryFinished Goods InventoryWork-in - Process Inventory79,00079,00070,0009,00079,00079,00079,00079,00070,0009,000

In a cost accounting system, direct materials used is debited to work in process and indirect…

Adelphia Manufacturing issued $70,000 of direct materials and $9,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction? OA. Work-in - Process Inventory Raw Materials Inventory OB. Manufacturing Overhead Raw Materials Inventory OC. Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory OD. Raw Materials Inventory Finished Goods Inventory Work-in - Process Inventory 79,000 79,000 70,000 9,000 79,000 79,000 79,000 79,000 70,000 9,000

Adelphia Manufacturing issued $70,000 of direct materials and $9,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction? OA. Work-in - Process Inventory Raw Materials Inventory OB. Manufacturing Overhead Raw Materials Inventory OC. Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory OD. Raw Materials Inventory Finished Goods Inventory Work-in - Process Inventory 79,000 79,000 70,000 9,000 79,000 79,000 79,000 79,000 70,000 9,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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