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1) Depreciation expense on the factory equipment was $6000. What is the journal entry? A) WIP 6000; FOH 6000 B)FOH 6000, WIP 6000 C)FOH 6000;
1) Depreciation expense on the factory equipment was $6000. What is the journal entry?
A) WIP 6000; FOH 6000
B)FOH 6000, WIP 6000
C)FOH 6000; Accumulated depreciation 6000
D) Accumulated Depreciation 6000 FOH 6000
2)Factory overhead applied this period was 5000. what is the journal entry?
A)WIP 5000, Materials 5000
B)WIP 5000, COGS 5000
C) WIP 5000 FOH 5000
D) COGS 5000, WIP 5000
3) A job order cost system would be appropriate for a house contractor? True/False
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