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Dazzle, Incorporated produces beads for Jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for
Dazzle, Incorporated 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 $ 87,000 160,000 1551 432,000 444,000 810,000 Multiple Choice Debit Factory Wages Payable $160,000, credit Cash $160,000. Debit Work in Process Inventory $160,000; credit Factory Wages Payable $160,000. Debit Cost of Goods Sold $160,000; credit Factory Wages Payable $160,000. Debit Work In Process Inventory S160,000; credit Raw Materials entory $160,000. Debit Work In Process Inventory $160,000; credit Accounts Receivable $160,000
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