Here Is Some Basic Data for Shannon Company

question 323

Multiple Choice

Here is some basic data for Shannon Company:

The journal entry to record the cost of raw materials placed into production involves a

• A)debit to Overhead account for $51,000.
• B)debit to Work-in-Process Inventory account for $53,000.
• C)debit to Work-in-Process Inventory account for $51,000.
• D)credit to Manufacturing Overhead account for $2,000.