Indirect Materials The company transferred plastic costing $1,700 and sheet metal costing $3,200 to the factory floor
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Indirect Materials The company transferred plastic costing $1,700 and sheet metal costing $3,200 to the factory floor to be used in general maintenance projects. Because these materials will not be used in the production process itself, they are classified as indirect materials. Make the necessary journal entry or entries to record these transactions.
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Related Book For 
Accounting Concepts And Applications
ISBN: 9780324376159
10th Edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain
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