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Question 19 (3.333333333 points) Ch. 3 - KB Home is a custom home builder which uses a job-order costing system. For its most recent fiscal

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Question 19 (3.333333333 points) Ch. 3 - KB Home is a custom home builder which uses a job-order costing system. For its most recent fiscal year, KB Home has provided the following information: a Direct Materials Cost $236,000 Manufacturing overhead: Indirect Materials cost $64,000 Direct Labor Cost $300,000 Which of the following journal entries represents the recording of Direct and Indirect Materials Costs? Debit Credit Raw Materials 300,000 Manufacturing Overhead 300,000 Wages Payable 600,000 Debit Credit Raw materials 600,000 Work in Process 300,000 Manufacturing Overhead 300,000 Debit Work in Process 236,000 Manufacturing Overhead 64,000 Raw Materials Debit Credit Raw Materials 300,000 Direct Materials 236,000 Manufacturing Overhead 64,000 Credit 300,000 Debit Credit Raw Materials 300,000 Manufacturing Overhead 300,000 Wages Payable 600,000 Debit Credit Raw materials 600,000 Work in Process 300,000 Manufacturing Overhead 300,000 Debit Work in Process 236,000 Manufacturing Overhead 64,000 Raw Materials Debit Credit Raw Materials 300,000 Direct Materials 236,000 Manufacturing Overhead 64,000 Credit 300,000

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