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noname [10]
3 years ago
5

Suppose $20,000 of raw materials is withdrawn from the storeroom to be used In production. Of this amount $15,000 consists of di

rect materlals and $5,000 consists of Indirect materials.
What account or accounts will be debited?

a.Raw Materials $15,000 and Manufacturing Overhead $5,000

b.Work in Process $15,000 and Raw Materials $5,000.

c.Manufacturing Overhead $15,000 and Work in Process $5,000

d.Work in Process $15,000 and Manufacturing Overhead $5,000
Business
1 answer:
VashaNatasha [74]3 years ago
8 0

Answer:

d.Work in Process $15,000 and Manufacturing Overhead $5,000

Explanation:

Direct material is charged to work in process, while the indirect material is charged to manufacturing overhead account. The journal Entry will be as follows

                                                DR.          CR.

Work in Process                   $15,000

Manufacturing Overhead    $5,000

Raw Material Inventory                       $20,000

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The celebration of key accomplishments by chest bumps and the push-up contests reflected what level of organizational culture at
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Answer:

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A. observable artifacts

Explanation:

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Brown Company manufactures luggage sets. Brown sells its luggage sets to department stores. Brown expects to sel 1,700 luggage s
Svetradugi [14.3K]

Answer:

sales budget for January and February are given below

Explanation:

given data

luggage sets = 1700

sell =  $180 each

luggage sets = 2050

sell = $180

to find out

sales budget for January and February

solution

                                           Sales Budget  

                                                             January                      February  

Budgeted luggage sets to be sold 1,700                         2,050  

Sales price per unit                           180                            180  

total sales                                      306000                    369000

here sale is sold Budgeted luggage × Sales price

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