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mafiozo [28]
3 years ago
12

ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges direct materials to WIP

, while indirect materials are charged to the Factory Overhead account. During the month of April, the company has the following cost information:
Total Materials (Direct and Indirect) Purchsed = $ 90,000
Indirect Materials Issued to Production = 30,000
Total Materials Issued to Production = 110,000
Beginning Materials Inventory = 50,000
The debit to Work-in-Process Inventory account for materials is:__________
A. $110,000.
B. $30,000.
C. $90,000.
D. $80,000.
E. $50.000.
Business
1 answer:
Elodia [21]3 years ago
3 0

Answer:

D. $80,000

Explanation:

When costs are incurred during manufacture, they are debited to the Work In Process Account.

Note that, ABC charges direct materials to WIP and indirect materials are charged to the Factory Overhead account.

Total Direct Materials = Total Materials Issued to Production - Indirect Materials Issued to Production

therefore,

Total Direct Materials = $110,000 - $30,000 = $80,000

Conclusion :

The debit to Work-in-Process Inventory account for materials is $80,000

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