entries for product cost flow chart

Questo 2 Not complete Marked out of 30.00 P Flag question Entries for Product Cost Flow Record the following transactions that occurred during April 2019 for Boyd Manufacturing Corporation, which uses the perpetual inventory system: Apr 21 Transferred $160,000 of completed goods from the factory to the warehouse. 25 Requisitioned $90,000 of materials for use in the factory as direct materials and $20,000 for indirect materials. 28 Sold goods costing $60,000 for $100,000 on account General Journal Date Description Debit Credit Apr. 21 . To record the transfer of completed goods Apr 25 Work in process inventory . To record the requisitioning of material Apr. 28 To record the sale of goods on account Apr. 28 To record the cost of goods sold General Journal Description Date Debit Credit Apr. 21 To record the transfer of completed goods. Apr. 25 Work in process inventory To record the requisitioning of material. Apr. 28 To record the sale of goods on account. Apr. 28 > > To record the cost of goods sold