Stefan Ceramics is in the business of selling ceramic vases. It has two departments molding and finishing. Molding department purchases tungsten carbide and produces ceramic vases out of it. Ceramic Vases are then transferred to finishing department, which designs it as per the requirement of the customers.

The journal entry to record tungsten carbide purchased and used in production during July is ________.

A) Work in ProcessMolding $2,400 DR

Accounts Payable Control $2,400 CR

B) Work in ProcessMolding $3,000 DR

Accounts Payable Control $3,000 CR

C) Accounts Payable Control $2,400 DR

Work in ProcessMolding $2,400 CR

D) Accounts Payable Control $3,000 DR

Work in ProcessMolding $3,000 CR

10 The journal entry to record direct labor for July is ________.

A) Work in ProcessMolding $3,000 DR

Accounts Payable Control $3,000 CR

B) Work in ProcessMolding $1,000 DR

Overhead Control $1,000 CR

C) Work in ProcessMolding $1,000 DR

Wages Payable Control $1,000 CR

D) Work in ProcessMolding $1,000 DR

Work in ProcessFinishing $1,000 CR