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Dazzle Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for
Dazzle Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales $ 99,000 172,000 160% 444,000 456,000 822,000 Multiple Choice o Debr Factory Wages Payable $172.000. credit Cash $172.000. Debit Work in Process Inventory $72.000 credit Factory Wages Payable $172,000 Debir Cost of Goods Sold $172,000 credit Factory Wages Payable $172,000 oooo Debit Work in Process Inventory $172,000 credit Raw Materials inventory $172.000. Debe Work in Process Inventory $172.000; Credit Cash $172.000
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