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gavmur [86]
3 years ago
13

When the production process is complete in process costing, the completed goods and the accumulated costs are transferred across

departments using a journal entry that includes the following: multiple choice A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the first department in the series of processes. A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of processes. A debit to the Work in Process Inventory account for the first department in the series of processes and a credit to the Finished Goods Inventory account. A debit to the Work in Process Inventory account for the final department in the series of processes and a credit to the Finished Goods Inventory account.
Business
1 answer:
alukav5142 [94]3 years ago
3 0

Answer:

A debit to the Finished Goods Inventory account and a credit to the Work in Process account for the final department in the series of process

Explanation:

In the case when the process related to the production is finished so the completed goods and accumulated profits could be transferred

So, the following should be the journal entry

Finished goods inventory XXXXX

          To Work in Process Inventory - Final dept XXXXX

(Being the production process is completed recorded)

Here the finished goods is debited as it increased the assets and credited the work in process as it decreased the assets

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The correct answer is keyword resume.
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3 years ago
Brian has been recently promoted to the position of CEO at a large company that produces a wide variety of consumer goods. Brian
antoniya [11.8K]

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Based in the information given in the question, Brian assumes that the personality traits that are associated with success in one situation are likely to lead to success in other situations. This is because personality traits are typically consistent and playing a vital role in the success of an individual.

4 0
2 years ago
Marston Corp. writes 28 checks a day for an average amount of $398 each. These checks generally clear the bank 3 days after they
irina [24]

Answer:

The Marston Corp. disbursement float is  $ (16,768.00)

Explanation:

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And, the firm generally receives 40 checks with an average amount of $502 each, is equal to say = 40 * $502 =  $ 20,080.00 . If the deposited amounts are available after an average of 2.5 days, then = $ 20,080.00  *  2.5 =  $ 50,200.00

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$ (16,768.00)

7 0
3 years ago
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Answer:

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