Answer the Following Question(s)using the Information Below

question 117

Multiple Choice

Answer the following question(s) using the information below:
Complete Microfilm Products manufactures microfilm cameras.For October there were no beginning inventories of direct materials, and no beginning or ending work-in-process.Only one indirect manufacturing cost category is currently in use, "Conversion Costs." Journal entries are recorded when materials are purchased and when units are sold using backflush costing.
-Which of the following journal entries would be recorded for the units that are sold by Complete Microfilm Products in October?

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Definitions:

Organic Molecules

Molecules that contain carbon and are found in living systems.

Fossil Stromatolites

Ancient, layered bio-chemical structures created by the trapping, binding, and calcification of sedimentary grains by microbial mats of microorganisms, especially cyanobacteria, indicative of early life on Earth.

Cells

Basic structural, functional, and biological units of all living organisms, consisting of a nucleus and cytoplasm enclosed in a membrane.

Mesozoic Era

Span of geologic time commonly known as the Age of Reptiles; divided into Triassic (252–201 mya), Jurassic (201–145 mya), and Cretaceous (145–66 mya) periods; ended with the mass extinction of the dinosaurs and many other species.