In a Process Costing System,which of the Following Entries Is

question 138

Multiple Choice

In a process costing system,which of the following entries is prepared to transfer a finished food product from the cooking process to the packaging process?

• A) Debit Work-In-Process Inventory-Cooking, Credit Work-In-Process Inventory-Packaging
• B) Debit Finished Goods Inventory-Credit Work-In-Process Inventory-Packaging
• C) Debit Work-In-Process Inventory-Packaging, Credit Work-In-Process Inventory-Cooking
• D) Debit Work-In-Process Inventory-Packaging, Credit Finished Goods Inventory

---

Definitions:

Canadian Dollars

The official currency of Canada, used in financial transactions within the country.

Ethics

A set of moral principles that govern the behavior of individuals and organizations.

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business.

Business Organizations

Entities formed for the purpose of carrying on a commercial enterprise, including sole proprietorships, partnerships, corporations, and other types.