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management accounting 2. On 1 September the Materials Control account balance was $25 000. The balance on 30 September was $15 000. Raw materials purchased

management accounting

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2. On 1 September the Materials Control account balance was $25 000. The balance on 30 September was $15 000. Raw materials purchased in September were $100 000. The journal entry to record the raw (direct) materials placed in production during September is Dr Materials Control $110 000; Cr A/cs Payable $110 000 Dr Materials Control $100 000; Cr A/cs Payable $100 000 Dr Work in Process $100 000; Cr A/cs Payable $100 000 Dr Materials Control $110 000; Cr Work in Process $110 000 none of the above 3. The issue of indirect materials would usually be recorded in the general ledger as an increase in A Materials Control B Work in Process Overhead Control D Overhead Allocated E none of the above

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