Question
Adelphia Manufacturing issued $75,000 of direct materials and $10,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction?
Adelphia Manufacturing issued
$75,000
of direct materials and
$10,000
of indirect materials for production. Which of the following journal entries would correctly record the transaction?
A.
| Raw Materials Inventory | 85,000 | |
| Finished Goods Inventory | 75,000 | |
| WorkminusinminusProcess Inventory | 10,000 |
B.
| WorkminusinminusProcess Inventory | 85,000 | |
| Raw Materials Inventory | 85,000 |
C.
| Manufacturing Overhead | 85,000 | |
| Raw Materials Inventory | 85,000 |
D.
| WorkminusinminusProcess Inventory | 75,000 | |
| Manufacturing Overhead | 10,000 | |
| Raw Materials Inventory | 85,000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Audit Proof Tax Shelters
Authors: Donald Jay Korn
1st Edition
0130509310, 978-0130509314
