#42

Which one of the following journal entries in a standard cost system is needed to record the completion of production for the period? Multiple Choice A debit to Work-in-Process Inventory, at standard cost. A debit to Work-in-Process Inventory, at actual cost. A credit to Cost of Goods Sold, at standard cost. A debit to Finished Goods Inventory, at standard cost. A debit to Finished Goods Inventory, at actual cost