When manufactured goods are placed in the Finished Goods inventory, they are considered ready to market to customers. The expense journal entry for this sale to customers always has a debit entry to cost of goods sold. Finished Goods inventory. Work In Process inventory. Cash. The floor supervisor for the manufacturing division of Appep Products, Inc., a company that uses the job order costing method of accounting for product, requisitions raw materials from the RM storeroom and put this material in the manufacturing process. The journal entry that should be made by Appep to account for this requisition is debit raw materials inventory, credit work in process inventory. O debit raw materials inventory, credit finished goods inventory. credit raw materials inventory, debit factory overhead account. None of the above entries is correct. When the perpetual inventory method is used, which is normal when a company uses job order costing, the Statement of Cost of Goods Manufactured, shown in your textbook on p. 902, is not necessary. contains both a sales entry and a cost of good sold entry. has, as its main objective, a reconciliation of beginning and ending balances in the Cost of Goods Sold account. is required by the Securities and Exchange Commission in the company's annual report