Homework Answers
The answer is B. Debit to work in process inventory account for $ 50,400
Journal will be -
Work in process inventory A/c Dr. 50,400
To raw material inventory A/c 50,400
This is because indirect material is charged as an overhead. And journal will be-
Overhead A/c Dr. 2,700
To raw material inventory A/c 2,700
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accounting class
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step by step thank you 7) Here are selected data for Tyler Corporation: 2 Cost of...
step by step thank you
7) Here are selected data for Tyler Corporation: 2 Cost of materials purchases on account Cost of materials requisitioned (includes $4,500 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods manufactured Cost of goods soldado 35 Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) What is the balance in work in process inventory...
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accounting class
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step by step thank you
7) Here are selected data for Tyler Corporation: 2 Cost of materials purchases on account Cost of materials requisitioned (includes $4,500 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods manufactured Cost of goods soldado 35 Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) What is the balance in work in process inventory...
The journal entry to close manufacturing overhead would
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