There were not beginning or ending inventories for the month.

Assume that Quiz Company uses backflush costing with two trigger points: the purchase of raw materials and the completion of goods. The entry to record the purchase of materials would include

		No entry would be required
		A debit to cost of goods sold for $600,000
		A debit to finished goods inventory for $600,000
		A debit to raw materials and in-process inventory for $600,000

Assume that Quiz Company uses backflush costing with two trigger points: the purchase of raw materials and the completion of goods. The entry to record the completion of the goods would include

No entry would be required

A credit to wages payable for $90,000

A credit to work-in-process inventory for $1,275,000

A credit to raw materials and in-process inventory for $600,000

Assume that Quiz Company uses backflush costing with two trigger points: the purchase of raw materials and the sale of goods. The entry to record the issue of direct materials to production would include

		A debit to raw materials and in-process inventory for $600,000
		No entry would be required
		A debit to work-in-process inventory for $600,000
		A debit to finished goods inventory for $600,000

Assume that Quiz Company uses backflush costing with two trigger points: the purchase of raw materials and the sale of goods. The entry to record the actual direct labor cost would include

No entry would be required

A debit to raw materials and in-process inventory for $90,000

A debit to conversion cost control for $90,000

A debit to cost of goods sold for $90,000

Assume that Quiz Company uses backflush costing with two trigger points: the purchase of raw materials and the sale of goods. The entry to record the sale of the goods would include

		No entry would be required
		A credit to finished goods inventory for $1,275,000
		A credit to conversion cost control for $675,000
		A credit to raw materials and in-process inventory for $1,275,000

Assume that Quiz Company uses backflush costing with one trigger point: the completion of goods. The entry to record the purchase of raw materials would include

A debit to accounts payable for $600,000

A debit to raw materials and in-process inventory for $600,000

No entry would be required

A debit to cost of goods sold for $600,000

There were not beginning or ending inventories for the month.

Assume that Quiz Company uses backflush costing with one trigger point: the completion of goods. The entry to record the completion of the goods would include

		A credit to raw materials and in-process inventory for $600,000
		No entry would be required
		A credit to work-in-process inventory for $1,275,000
		A credit to accounts payable for $600,000

Assume that Quiz Company uses backflush costing with one trigger point: the completion of goods. The entry to record the sale of the goods would include

A credit to wages payable for $90,000

A credit to finished goods inventory for $1,275,000

No entry would be required

A credit to conversion cost control for $675,000

Assume that Quiz Company uses backflush costing with one trigger point: the sale of goods. The entry to record the completion of the goods would include

		A credit to raw materials and in-process inventory for $1,275,000
		A credit to wages payable for $90,000
		No entry would be required
		A credit to overhead control for $675,000

Assume that Quiz Company uses backflush costing with one trigger point: the sale of goods. The entry to record the sale of the goods would include

		A credit to wages payable for $90,000
		No entry would be required
		A credit to accounts payable for $600,000
		A credit to finished goods inventory for $1,275,000

Purchased raw materials on account for $600,000 Place all materials purchased into production Incurred actual direct labor cost of $90,000 Incurred actual overhead cost of $625,000 Applied conversion cost to production of $675,000 Completed all work-in-process Sold all completed units for $1,530,000