Multiple Choice a debit to Materials Inventory, $15,945. a debit to Materials Inventory, $16,670. a debit to Work-in-Process Inventory, $15,945. a credit to Work-in-Process Inventory, $15,945

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Multiple Choice

  • a debit to Materials Inventory, $15,945.
  • a debit to Materials Inventory, $16,670.

  • a debit to Work-in-Process Inventory, $15,945.

  • a credit to Work-in-Process Inventory, $15,945.

The journal entry to record the issuance of direct materials represented by the following materials requisitions for the month includes:
Requisition No.
Description
Amount
372
Job No. 179
$5,250
$ 3,700
$ 4,525
373
Job No. 184
374
Job No. 180
375
General factory use
$
725
376
Job No. 182
$ 2,470
Transcribed Image Text:The journal entry to record the issuance of direct materials represented by the following materials requisitions for the month includes: Requisition No. Description Amount 372 Job No. 179 $5,250 $ 3,700 $ 4,525 373 Job No. 184 374 Job No. 180 375 General factory use $ 725 376 Job No. 182 $ 2,470
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