Question
A materials requisition slip showed that direct materials requested were $96000 and indirect materials requested were $600. This transaction will A. Increase Work in Process
A materials requisition slip showed that direct materials requested were $96000 and indirect materials requested were $600. This transaction will
A. Increase Work in Process Inventory $ 96000 , increase Manufacturing Overhead $6000 , and decrease raw materials inventory$ 10200.
B. Increase Work in Process $96000 and decrease raw materials inventory $ 96000.
C. Increase manufacturing overhead $ 102000 and decrease raw materials inventory $ 102000.
D. Increase direct materials $ 96000, increase indirect materials $ 6000 , and decrease work in process inventory.
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Financial and Managerial Accounting
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
9th edition
1439037809, 978-1439037805
