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Frontier Inc, has provided the following information for the year ended 208 : Incurred $242,000 in direct labor costs (24,120 hours) and $92,500 in supervision
Frontier Inc, has provided the following information for the year ended 208 : Incurred $242,000 in direct labor costs (24,120 hours) and $92,500 in supervision costs (paid in cash). The correct journal entry to record this transaction is: DR Work in Process Inventory $242,000 (A) DR Manufacturing Overhead $92,500 CR Cash $334,500 DR Work in Process Inventory $334,500 CR Raw Materials Inventory $334,500 DR Raw Materials inventory $92,500 DR Manufacturing Overhead $242,000 CR Cash $334,500 DR Cash $334,500 CR: Work In Process Inventory $334,500
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