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NeTakaya
3 years ago
5

The journal entry to record the $500 of work in process ending inventory that consists of $300 of direct materials, $50 of manuf

acturing overhead, and $150 of direct labor is which of the following?
A. Work in Process Inventory 500
Accounts Payable 500
B. Accounts Payable 500
Work in Process Inventory 500
C. Work in Process Inventory 500
Materials Inventory 300
Wages Payable 150
Manufacturing Overhead 50
D. Cost of Goods Sold 500
Work in Process Inventory 500
Business
1 answer:
Ahat [919]3 years ago
3 0

Answer:

C. Work in Process Inventory 500; Materials Inventory 300; Wages Payable 150; Manufacturing Overhead 50

Explanation:

The journal entry will definitely be as follows

Account Title                            Debit     Credit

Work in Process Inventory       $500  

Raw materials inventory                          $300

Wages payable                                        $150

Manufacturing overhead                         $50

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3 years ago
Ravi Singh is working his way through college as an independent distributor of the Rapier Knife Co. The Rapier product line incl
vovikov84 [41]

Answer:

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3 years ago
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alukav5142 [94]

Answer:

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Explanation:

8 0
3 years ago
Read 2 more answers
In the small open economy in equilibrium: saving is fixed and investment is determined by the investment function and the world
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Answer:

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Explanation:

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4 0
3 years ago
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Answer:

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3 years ago
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