Question
Selected accounts with some debits and credits omitted are presented as follows: Work in Process Aug. 1Balance275,000 Aug. 31Goods finished1,230,000 31Direct materialsX 31Direct labor350,000 31Factory
Selected accounts with some debits and credits omitted are presented as follows:
Work in Process
Aug. 1Balance275,000
Aug. 31Goods finished1,230,000
31Direct materialsX
31Direct labor350,000
31Factory overheadX
Factory Overhead
Aug. 1-31Costs incurred90,000
Aug. 1Balance15,000
31Applied(30% of direct
labor cost)X
If the balance of Work in Process at August 31 is $200,000, what was the amount debited to Work in Process for direct materials in August?
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
