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During July at a corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and
During July at a corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000. The journal entry to record the requisition from the storerom would include a: debit to Raw Materials of $83,000 debit to Work in Process of $79,000 debit to Work in Process of $83,000 credit to Manufacturing Overhead of $4.000
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