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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

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:

Question 4 options:

940,000

1,000,000

1,100,000

900,000

A journal entry to transfer $33,000 of direct materials and $4,500 of indirect materials from the storeroom would look like this:

Question 5 options:

Manufacturing Overhead 37,500

Raw materials inventory 37,500

Work in Process Inventory 33,000

Manufacturing Overhead 4,500

Raw materials Inventory 37,500

Work in Process Inventory 33,000

Raw Materials Inventory 33,000

Direct materials 33,000

Indirect Materials 4,500

Work in Process Inentory 37,500

Select all the types of manufacturing that are appropriate for process cost systems

Question 6 options:

a)

Cereal Production

b)

Frozen waffle Manufacturing

c)

Oil refining

d)

Custom wedding invitations

e)

Auto production

f)

Bicycle manufacturing

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