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Haupt Inc. manufacturers water pumps. Each pump requires $155 of raw materials and $315 of conversion costs. Each pump is sold for $725. Last month

Haupt Inc. manufacturers water pumps. Each pump requires $155 of raw materials and $315 of conversion costs. Each pump is sold for $725. Last month Haupt produced and sold 69 pumps. The journal entry to apply conversion costs to production would include: Multiple Choice O O O O Debit to work in process inventory of $21,735. Credit to sales of $21,735. Debit to cost of goods sold of $31,735. Credit to work in process inventory of $21,735. Debit to accounts payable of $31,735.
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Hapt inc. manufacturers water pumps. Each pump requires \\( \\$ 155 \\) of raw materials and \\( \\$ 315 \\) of conversion costs. Each pump is sold for \\( \\$ 725 \\). Last month Haupt produced and sold 69 pumps. The journal entry to apply conversion costs to production would include: Multiple Choice Debit to work in process inventory of \\$21735. Credit to sales of \\( \\$ 21,735 \\). Debit to cost of goods sold of \\( \\$ 31735 \\). Credit to work in process inventory of \\( \\$ 21735 \\) Debit to accounts pryable of \\( \\$ 31735 \\)

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