Which of the Following Journal Entries Correctly Records the Current

question 75

Multiple Choice

Which of the following journal entries correctly records the current month's activity where $60,000 of direct material and $17,000 of indirect materials were used in the production process?

• A)\(\begin{array}{llr}
• \text { Raw Materrals Inventory } &77,000\\
• \text { Goods in Process Inventory } &&60,000\\
• \text {Factory Overhead } &&17,000
• \end{array}\)
• B)\(\begin{array}{llr}
• \text {Goods in Process } &77,000\\
• \text { Raw Materials Inventory } &&77,000\\
• \end{array}\)
• C)\(\begin{array}{ll}
• \text { Goods in Process } & 17,000 \\
• \text { Factory Overhead } & 60,000\\
• \text { cash }&&77,000
• \end{array}\)
• D)\(\begin{array}{l}
• \text { Goods in Process } & 60,000 \\
• \text { Factory Overhead } & 17,000\\
• \text { Raw Materials Inventory}&&77.00
• \end{array}\)
• E)\(\begin{array}{llr}
• \text { Raw Materials Inventory } &77,000\\
• \text { Cash } &&77,000\\
• \end{array}\)

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Definitions:

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, preventing brain tissue from getting oxygen and nutrients.

Arteriosclerosis

A condition characterised by the thickening, hardening, and loss of elasticity of the walls of arteries, leading to restricted blood flow.

Hypertension

A chronic medical condition in which the blood pressure in the arteries is persistently elevated.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, a crucial indicator of cardiovascular health.