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If Department L uses $53,000 of direct labor and Department M uses $21,000 of direct labor, the following journal entry would be recorded using a
If Department L uses $53,000 of direct labor and Department M uses $21,000 of direct labor, the following journal entry would be recorded using a process costing system:
| Work in Process Inventory, Department L | 53,000 | |||
| Work in Process Inventory, Department M | 21,000 | |||
| Factory Wages Payable | 74,000 | |||
True or False
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Human And Social Audit
Authors: N P Agarwal
1st Edition
8176113980, 978-8176113984
