2021 Aug. 1 31 Work in Process 277,210 Aug. 31 X Goods finished Balance Direct materials Direct labor Factory overhead 196,350 31 14.590 Factory Overhead Aug. 1-31 Costs incurred 96,050 Aug. 1 Balance 31 Applied (30% of direct labor cost) If the balance of Work in Process on August 31 209,520, what was the amount debited to Work in Process for direct materials in August 564,990 b. 3323,970 $101,200 d. $520,330 7. MC 16.87 The Journal entries to record the cost and sale of a finished good on accountare debit Cost of Goods Sold, credit Finished Goods; debit Accounts Payable, credit Sales b. debit Cost of Goods Sold, credit Finished Goods: debit Accounts Receivable, credit Sales c. debit Sales Expense, credit Finished Goods: det Cash, credit Accounts Receivable d. debit Work in Process, credit Finished Goods: debit Accounts Receivable, credit Sales LMC 16.99 which of the following types of inventories does a manufacturing business report on the balance sheet? OOOO a finished goods Inventory and work in process inventory only b, direct materials inventory and finished goods inventory only direct materials inventory and work in process inventory only d. direct materials inventory, work in process inventory, and finished goods inventory 9. MC.16.102.ALGO (Algorithmic) The journal entry to record the transfer of 1,110 units of part number 1177 with a value of $1.50 each, to work in process is 1,665 a. Work in Process 1,665 Factory Overhead b. Work in Process 1,665 Materials 1,665 C. Work In Process 1,665 Cash 1,665 menoprettenssignment.do?ssigned-20076 Zcegow.com