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Haven Industries transferred 5,500 units of raw material into production to produce 2,500 units. The standard quantity of raw material required for each unit is
Haven Industries transferred 5,500 units of raw material into production to produce 2,500 units. The standard quantity of raw material required for each unit is 2 and the standard cost is $1.20 per unit. Which of the following is the correct journal entry to record the transfer?
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