Materials requisitioned to Work In Process and Manufacturing Overhead departments amounted totally to $20,000, of...
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Accounting
Materials requisitioned to Work In Process and Manufacturing Overhead departments amounted totally to $20,000, of which $15,000 belongs to Direct Materials and the remaining belongs to Indirect Materials.
A Journal Entry to record this transaction would include:
Question 5Select one:
a.
Debit to Work in Process by $15,000.
b.
Debit to Materials Inventory by $20,000.
c.
Debit to Materials Inventory by $15,000.
d.
Debit to Work in Process by $20,000.
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