7) The journal entry to record tungsten carbide purchased and used in production during July is A) Work in Process-Molding B) Work in Process-Molding $3,000 C) Accounts Payable Control $2,400 D) Accounts Payable Control $3,000 $2,400 Accounts Payable Control $%2,400 Accounts Payable Control $3,000 Work in Process-Molding $2,400 Work in Process-Molding $3,000 8) The journal entry to record direct labor for July is A) Work in Process-Molding $3,000 $1,000 S1,000 $1,000 Accounts Payable Control B) Work in Process-Molding $3,000 $1,000 $1,000 $1,000 Overhead Contro C) Work in Process- Molding Wages Payable Control D) Work in Process-Molding Work in Process-Finishing 9) What is the total conversion costs for the month of July? A) $1,700 B) $1,500 C) $1,300 D) $1,000 10) What is the cost of tungsten carbide that will be assigned to vases finished and transferred to the finishing department for the month of July? A) $30,000 B) $28,000 C) $26,000 D) $24,000