The Journal Entry to Issue $500 of Direct Materials and $30

question 121

Multiple Choice

The journal entry to issue $500 of direct materials and $30 of indirect materials involves a debit to:

• A)manufacturing overhead for $530.
• B)work in process inventory for $530.
• C)work in process inventory for $500 and a credit to manufacturing overhead for $0.
• D)work in process inventory for $500 and a debit to manufacturing overhead for $30.

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Definitions:

Milliliters

A unit of volume in the metric system, equivalent to one thousandth of a liter or approximately 0.034 fluid ounces.

Milliliters

A unit of volume in the metric system, equivalent to one-thousandth of a liter, used to measure liquids or gases.

Liters

A metric unit of volume equal to one cubic decimeter or 1,000 cubic centimeters, often used for measuring liquids.

Milligrams

A unit of mass equal to one thousandth of a gram, used in measurements of small quantities of substances.