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in a job order costing system, raw material requisitioned as direct materials are debited to________; indirect materials are debited to_______. $139.000. Save Question 24 (2
in a job order costing system, raw material requisitioned as direct materials are debited to________; indirect materials are debited to_______.
$139.000. Save Question 24 (2 points) s Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195.000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150.000, paid in cash, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record payment of the factory payroll is: Debit Work in Process Inventory $150.000: credit Factory Wages Payable $150.000. Debit Work in Process Inventory $150000: credit Cash $150,000. Debit Factory Wages Payable $150,000: credit Cash $150,000. Debit Work in Process Inventory $110.000; debit Factory Overhead $40.000: credit Factory Wages Payable $150,000. Debit Work in Process Inventory $110,000; debit Factory Overhead $40,000: credit Cash $150,000. Save Question 25 (2 points)Step by Step Solution
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