Triple M Corporation Manufactures Module Homes

question 91

Multiple Choice

Triple M Corporation manufactures module homes. Assume that Triple M uses a job costing system. During June of the current year, the following transactions occurred:
Triple M purchased $4,500 of lumber on account.
Triple M used $3,750 of lumber in production and incurred 50 hours of direct labour hours at $15 per hour.
Depreciation of $1,500 was recorded on equipment used to build houses.
A house that was completed last period at a cost of $150,000 was sold for $180,000 in cash.
-Refer to the Figure.Which of the following should be included in the journal entry to record labour for Triple M?

• A)debit to finished goods of $750
• B)debit to wages payable of $750
• C)credit to finished goods of $750
• D)debit to work in process of $750

---

Definitions:

NAACP

The National Association for the Advancement of Colored People, founded in 1909, is a civil rights organization in the United States aiming to eliminate race-based discrimination.

Fascism And Racism

Ideologies that elevate the nation above the individual, often lead to dictatorial rule, and promote racial superiority and discrimination.

Civil Rights

Legal protections and freedoms guaranteed to individuals by law, often focusing on ensuring equality and preventing discrimination.

Conservative Citizen's Groups

Organizations formed by individuals who share conservative ideologies and work towards advocating for policies that reflect their beliefs in limited government, traditional values, and fiscal conservatism.