Dr. Work In Process | Cr. Manufacturing Overhead | | Answer 1Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Shipping expense | Cr. Accounts payable. | | Answer 2Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Work In Process | Cr. Raw Materials | | Answer 3Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Finished Goods | Cr. Work In Process | | Answer 4Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Cost of Goods Sold | Cr. Finished Goods | | Answer 5Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Administrative Salaries Incurred | Cr. Salaries Payable | | Answer 6Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Accounts Receivable | Cr. Sales | | Answer 7Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Work In Process | Cr. Factory Wages Payable | | Answer 8Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Manufacturing Overhead | Cr. Cost of Goods Sold | | Answer 9Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Manufacturing Overhead | Cr. Raw Materials | | Answer 10Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Manufacturing Ovhd | Cr. Accumulated Depreciation | | Answer 11Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Raw Materials | Cr. Accounts Payable | | Answer 12Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Manufacturing Ovhd | Cr. Accounts Payable | | Answer 13Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Cost of Goods Sold | Cr. Manufacturing Overhead | | Answer 14Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |
Dr. Manufacturing Ovhd | Cr. Factory Wages Payable | | Answer 15Choose...To transfer completed jobs to inventory.To record sale to customer.Labor charges incurred for assembly line supervisors.Requisitioned raw materials for use as supplies.To record cost of job sold to customer.To adjust COGS for over applied overheadLabor charges incurred for assemblers.To record general factory overhead costs incurred.To record cost of shipping finished job to customer.Raw materials purchased on account.To adjust COGS for under applied overhead.Raw materials requisitioned for use on the assembly line.No listed activity would generate (use) this journal entry.Record Depreciation on factory equipment.To apply manufacturing overhead. |