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bija089 [108]
3 years ago
5

The placing of direct materials into the production process is recorded by an entry debiting:_________.A. Materials Expense.

Business
1 answer:
Alik [6]3 years ago
5 0

Answer: C. Work in Process Inventory.

Explanation:

When Raw Materials are purchased they are simply put into the Materials Account.

When the company needs to start working on them however, they will transfer the raw materials to the Work in Progress account which records the Direct Materials and Direct Labor that are used in the Production process. By Debuting this account they indicate that the materials in it have increased.

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The correct answer is false.

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Hailey, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the
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Net operating cash-flow= $6,392

Explanation:

Giving the following information:

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4 years ago
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5 0
3 years ago
Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Wag
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Answer:

$310,000

Explanation:

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3 years ago
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