Raw materials requisitioned by production for job No.106 consist of Direct Materials $8,000 and Indirect Materials $1,000. The entry to record this transaction should include: * O A debit to Work in Process $9,000 and a credit to Raw Material Inventory $9,000 A debit to Work in Process $8,000, a debit to Manufacturing Overhead $1,000 and a credit to Raw Material Inventory $9,000 A debit to Work in Process $8,000, a credit to Manufacturing Overhead $1,000 and credit to Raw Material Inventory $9,000 D None of the above

Raw materials requisitioned by production for job No.106 consist of Direct Materials $8,000 and Indirect Materials $1,000. The entry to record this transaction should include: * O A debit to Work in Process $9,000 and a credit to Raw Material Inventory $9,000 A debit to Work in Process $8,000, a debit to Manufacturing Overhead $1,000 and a credit to Raw Material Inventory $9,000 A debit to Work in Process $8,000, a credit to Manufacturing Overhead $1,000 and credit to Raw Material Inventory $9,000 D None of the above

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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