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please help questions 35-36-37 and 38.... 35. The entries to record cost and sale of a finished good on account is: a. debit Cost of

please help questions 35-36-37 and 38.... image text in transcribed
35. The entries to record cost and sale of a finished good on account is: a. debit Cost of Goods Sold, credit Finished Goods b. debit Cost of Goods Sold, credit Finished Goods, debit Accounts Receivable, credit Sales c. debit Sales Expense, credit Finished Goods, credit Cash, credit Accounts Receivable d. debit Work in Process, credit Finished Goods, debit Accounts Receivable, credit Sales 36. During the period, labor costs incurred on account amounted to $275,000 including $200,000 for production orders and $75,000 for general factory use. In addition, factory overhead charged to production was $32,000. From the following, select the entry to record the direct labor costs. a. Work in Process 200,000 Wages Payable 200,000 b. Work in Process 275,000 Wages Payable 275,000 c. Wages Payable 275,000 Work in Process 275.000 d. Wages Payable 200,000 Work in Process W 200.000 37. During the period, labor costs incurred on account amounted to $275,000 including $200,000 for production orders and $75,000 for general factory use. In addition, factory overhead applied to production was $32,000. From the following, select the entry to record the factory overhead applied to production. a. Work in Process 75,000 Factory Overhead 75,000 b. Factory Overhead 32,000 Work in Process 32,000 c. Work in Process 32,000 Factory Overhead 32,000 d. Factory Overhead 75,000 Accounts Payable 75,000 38. The cost of production of completed and finished goods during the period amounted to $450,000, and the finished products shipped to customers had total production costs of $357,000. From the following, select the entry to record the transfer of costs from work in process to finished goods. a. Finished Goods 357,000 Work in Process 357,000 b. Finished Goods 450,000 Work in Process 450,000 c. Work in Process 450,000

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