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You've been recently hired as an intern at Tim's Teddy Bear company. The total cost of the teddy bear is $115.24. Your supervisor has asked
You've been recently hired as an intern at Tim's Teddy Bear company. The total cost of the teddy bear is $115.24. Your supervisor has asked you to record the transfer of materials from the storeroom into production. A materials requisition slip shows that direct materials requested were $132,000 and indirect materials requested were $18,000. Which of the following entries should you make? a debit to Raw Materials Inventory, a debit to Work in Process Inventory, and a credit to Manufacturing Overhead. a debit to Work in Process Inventory, a debit to Manufacturing Overhead, and a credit to Raw Materials Inventory. a debit to Raw Materials Inventory, a debit to Manufacturing Overhead, and a credit to Work in Process Inventory. O a debit to Manufacturing Overhead, a credit to Work in Process Inventory, and a credit to Raw Materials Inventory
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