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Johnson Corporation uses job costing in its metal fabrication plant. During February, Job 117 was completed and the scrap generated was not usable by other

Johnson Corporation uses job costing in its metal fabrication plant. During February, Job 117 was completed and the scrap generated was not usable by other jobs. Job 124 was also completed in February, and the scrap created was usable by other jobs. Which journal entry correctly records the sale of scrap from Job 117 for $250?

Question 1Select one:

a.

Cash 250
Work-in-Process 250

b.

Cash 250
Materials Control 250

c.

Cash 250
Manufacturing Overhead Control 250

d.

Cash 250
Sales of Scrap 250

e.

Cash 250
Cash Manufacturing Overhead Allocated 250

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