The answer is going to be negative
Answer:
The option (B) Debit Work in Process Inventory $72.000 credit Factory Wages Payable $172,000 is correct
Explanation:
Solution
Given that:
As the cost of labor was sustained as regards to processing the inventory and it was not completed, so debit the work in process of account.
There also exits a liability of paying labor charges for this it will be payable.
Hence credit factory wages payable.
For the other options they are crediting cash which is not yet paid, here the option A and E is wrong.
For option D, they are crediting inventory which in this case is not correct due to the existence of a liability for paying labor fees.
The option D is wrong, because they debited with the cost of sold goods.
Pros:
No one can stop you from picking that person/place/thing.
Cons:
you don't know what to decide.
False it may be from the organization itself they might try rewarding the worker for example a company might take the workers to expensive workshops or to a trip as a type of reward or giving them a bonus to their salaries or a health insurance or a simple thing like involving them in a decision this may motivate the worker and make them feel part of the company <span />
