KWABS Corporation purchased $195,000 of raw materials on account during the month of April. The beginning Raw Materials inventory balance was $32,000 and the materials used to completo jobs during the month were $171,000 direct materials and $25,000 indirect materials. What amount wil KWABS transfer to Work In Process Inventory for the month of March? 5171,000 $196,000 C$141,000 $185.000 $165,000 QUESTION 16 Suarez Construction incurred $385,000 of labor costs for construction jobs completed during the month of September, of which $202,000 was direct and $63,000 was indirect supervisory costs. The correct journal entry to record the direct labor for the month is: Debit Factory Wages Payable $385,000; credit Work In Process Inventory $202,000. Debil Payroll Expense $202,000; Credit Cash $20,000 Debit Work in Process Inventory $202,000; credit Cash $385,000 Debit Work in Process Inventory S202,000; credit Factory Wages Payable $202,000. Dobil Factory Wages $385,000; credit Factory Wages Payable $385,000 QUESTION 18 The following selected financial information from Nicky Corp. Compute the company's current ratio. Current assets Plant assets Current Liabilities 466,450 389,000 129,800 676,000 85,000 Net sales Net Income 2.78 1.64 2.86 3.59 3.60 QUESTION 19 A company reports basic earnings per share of $2.99, cash dividends per share of $0.75, and a market price per share of $68.75. The company's dividend yield equals 1.09% True C False