Selected accounts with amounts omitted are as follows: Work in Process 266,230 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred X 35,400 Factory Overhead 118,780 Aug. 1 31 Goods finished Balance Applied (30% of direct labor cost) 133,400 13,060 X If the balance of Work in Process on August 31 is $192,710, what was the amount debited to Work in Process for direct materials in August? O a. $108,920 Ob. $494,340 Oc. $13,860 Od. $360,940

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Selected accounts with amounts omitted are as follows:
Work in Process
266,230 Aug. 31
Aug. 1
31
31
31
Balance
Direct materials
Direct labor
Factory overhead
Aug. 1-31 Costs incurred
X
35,400
Factory Overhead
118,780 Aug. 1
31
Goods finished
Balance
Applied (30% of
direct labor cost)
133,400
13,060
X
If the balance of Work in Process on August 31 is $192,710, what was the amount debited to Work in Process for direct materials in August?
<
O a. $108,920
O b. $494,340
O c. $13,860
O d. $360,940
Transcribed Image Text:Selected accounts with amounts omitted are as follows: Work in Process 266,230 Aug. 31 Aug. 1 31 31 31 Balance Direct materials Direct labor Factory overhead Aug. 1-31 Costs incurred X 35,400 Factory Overhead 118,780 Aug. 1 31 Goods finished Balance Applied (30% of direct labor cost) 133,400 13,060 X If the balance of Work in Process on August 31 is $192,710, what was the amount debited to Work in Process for direct materials in August? < O a. $108,920 O b. $494,340 O c. $13,860 O d. $360,940
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