Conoco Company Has an Actual Factory Overhead Cost of Depreciation

question 115

Multiple Choice

Conoco Company has an actual factory overhead cost of Depreciation Expense-Equipment of $5,000.Job-order costing is used.The journal entry to record this actual cost would include ________.

• A) Debit to Factory Department Overhead Control $5,000 and Credit to Accumulated Depreciation-Equipment $5,000
• B) Debit to Depreciation Expense-Equipment $5,000 and Credit to Accumulated Depreciation-Equipment $5,000
• C) Debit Work-In-Process Inventory $5,000 and Credit to Factory Department Overhead Control $5,000
• D) Debit to Work-In-Process Inventory $5,000 and Credit to Factory Department Overhead Applied $5,000

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Definitions:

Ethical Practices

Actions and behavior that conform to accepted standards of moral and ethical principles in professional and personal conduct.

Family Engagement

The involvement of families in their children's education and school activities, emphasizing partnership between schools and families for student success.

Single-parent Families

Households headed by one adult, who takes on the roles of both caregiver and breadwinner, raising one or more children alone.

Two-parent Families

Family units consisting of two adults, typically a mother and a father, who are in a relationship and cohabiting or married, raising their children together.