Fun Stuff Manufacturing Produces Ping Pong Balls Using a Three-Step

question 249

Multiple Choice

Fun Stuff Manufacturing produces ping pong balls using a three-step sequential process that includes molding, coloring and finishing. When the balls and associated costs are transferred from the coloring process to the finishing process, which account is credited?

• A)WIP Inventory-Coloring
• B)WIP Inventory-Molding
• C)Raw Materials Inventory
• D)WIP Inventory-Finishing

---

Definitions:

Credit Cards

Payment cards issued by financial institutions that allow users to borrow funds for purchases, subject to repayment.

Voucher Check

A check attached to a voucher that provides details about the reason for the payment and the account(s) to be charged.

Insurance Companies

Businesses that provide coverage for various risks including health, property, and life, in exchange for premiums.

Maker

A person or entity that creates or manufactures something.