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Kilbuck Manufacturing operates in a just-in-time manufacturing environment. Kilbucks actual conversion costs for the month of April follow: Direct and indirect labor $150,000 Machine depreciation
Kilbuck Manufacturing operates in a just-in-time manufacturing environment. Kilbucks actual conversion costs for the month of April follow: Direct and indirect labor $150,000 Machine depreciation 85,000 Maintenance and supplies 60,000 Total conversion costs $295,000 The journal entry to record April's conversion costs will include: A. a debit to Work in Process Inventory B. a debit to Raw Materials Inventory C. a credit to Raw and In Process Inventory D. a debit to Raw and In Process Inventory
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