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Temka [501]
2 years ago
5

A materials requisition slip showed that direct materials requested were $66000 and indirect materials requested were $15000.

Business
1 answer:
suter [353]2 years ago
7 0

Answer:

Work In Process Inventory  $66,000

Manufacturing overhead  $15,000

      To  Raw Materials Inventory    $81,000

Explanation:

The journal entry is shown below;

Work In Process Inventory  $66,000

Manufacturing overhead  $15,000

      To  Raw Materials Inventory    $81,000

(Being the transfer of material is recorded)

here the work in process inventory and manfacturing overhead is debited as it increased the assets and expense and credited the raw material inventory as it reduced the assets

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