Helen Company Uses a Job-Order-Cost System and Had the Following

question 55

Multiple Choice

Helen Company uses a job-order-cost system and had the following data available: $$\begin{array} { l r } \text { Beginning direct-materials inventory } & \$ 26,000 \\\text { Beginning WIP inventory } & 64,000 \\\text { Beginning finished-goods inventory } & 58,000 \\\text { Direct materials purchased on account } & 148,000 \\\text { Direct materials requisitioned } & 82,000 \\\text { Direct-labor cost incurred } & 130,000 \\\text { Factory overhead incurred } & 146,000 \\\text { Cost of goods completed } & 292,000 \\\text { Cost of goods sold } & 256,000 \\\text { Overhead applicati on rate } & 125 \% \\\quad \text { as a percent of direct-labor cost) } &\end{array}$$ The journal entry to record the cost of goods completed would include a _____.

• A)debit to WIP Inventory for $256,000
• B)credit to Finished-Goods Inventory for $292,000
• C)credit to Cost of Goods Sold for $256,000
• D)credit to WIP Inventory for $292,000

---

Definitions:

Patient

An individual who is receiving medical care or treatment from healthcare professionals.

Nurse's Role

The responsibilities and duties of a nurse, including patient care, education, and support, within the healthcare setting.

African American

A term commonly used to refer to American citizens or residents of Black African descent.

Women

Adult human females, distinguished biologically by reproductive and secondary sexual characteristics.