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Question #4: Vainshtein Manufacturing Company has labor costs as follows Question #5: A journal entry to transfer $33,000 of direct materials and $4,500 of indirect
Question #4: Vainshtein Manufacturing Company has labor costs as follows
Question #5: A journal entry to transfer $33,000 of direct materials and $4,500 of indirect materials from the storeroom would look like this
Question 4 (6 points) Listen Vainshtein Manufacturing Company has labor costs as follows: Gross Wages Factory $1,000,000 Net Wages Factory .840.000 Employee Payroll Taxes Payable 100,000 you want to record the cost of factory labor and payroll tax expense. The debit to factory labor would be: 1,000,000 1,100,000 940,000 900,000 Question 5 (6 points) Listen A journal entry to transfer $33,000 of direct materials and $4,500 of indirect materials from the storeroom would look like this: Direct materials 33.000 Indirect Materials 4.500 Work in Process Inentory 37.500 Manufacturing Overhead 37.500 Raw materials inventory 37.500 Question 5 (6 points) Listen A journal entry to transfer $33,000 of direct materials and $4,500 of indirect materials from the storeroom would look like this: Direct materials 33,000 Indirect Materials 4,500 Work in Process Inentory 37,500 Manufacturing Overhead 37.500 Raw materials inventory 37,500 33,000 Work in Process Inventory Manufacturing Overhead 4.500 Raw materials Inventory 37.500 33.000 Work in Process Inventory Raw Materials Inventory 33.000 Question 6 (6 points) Listen Select all the types of manufacturing that are appropriate for process cost systems a) oil refining b) Custom wedding invitations c) Bicycle manufacturing ODStep by Step Solution
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