Which of the following entries would probably not be found in the books of a service provider?
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Debit Work in Process; credit Materials
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Debit Work in Process; credit Wages Payable
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Debit Work in Process; credit Overhead
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Debit Cost of Services; credit Work in Process
Which of the following entries would probably not be found in the books of a service provider?
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Debit Work in Process; credit Materials
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Debit Work in Process; credit Wages Payable
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Debit Work in Process; credit Overhead
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Debit Cost of Services; credit Work in Process
Related questions
During October, Dorinirl Corporation incurred $71,300 of directlabor costs and $5,900 of indirect labor costs. The journal entryto record the accrual of these wages would include a: |
credit to Work in Process of $71,300
debit to Work in Process of $77,200
credit to Work in Process of $77,200
debit to Work in Process of $71,300
Kopa Company manufactures CH-21 through two processes: Mixingand Packaging. In July, the following costs were incurred. MixingPackaging Raw materials used $10,800 $28,700 Factory labor costs8,100 35,900 Manufacturing overhead costs 12,500 54,700 Unitscompleted at a cost of $20,700 in the Mixing Department aretransferred to the Packaging Department. Units completed at a costof $105,100 in the Packaging Department are transferred to FinishedGoods. Journalize the assignment of these costs to the twoprocesses and the transfer of units as appropriate. (Credit accounttitles are automatically indented when amount is entered. Do notindent manually.)
Account Titles and Explanation Debit Credit
(To record materials used)
Account Titles and Explanation Debit Credit
(To assign factory labor to production)
Account Titles and Explanation Debit Credit
(To assign overhead to production)
Account Titles and Explanation Debit Credit
(To record transfer of units to the Packaging Department)
Account Titles and Explanation Debit Credit?
(To record transfer of units to finished goods)
| LIST OF ACCOUNTS Accounts Payable |
