Question

When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is


When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is 

Work In Process Inventory 

     Direct Materials 

     Direct Labor 

     Manufacturing Overhead 

Raw Materials Inventory 

     Work In Process Inventory 

Finished Goods Inventory Work 

     In Process Inventory 

Finished Goods Inventory 

     Direct Materials 

     Direct Labor 

     Manufacturing Overhead

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Answer #1

The Journal Entry Will be

Dr. Finished Goods Inventory

Cr. Work in Process Inventory

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