The Journal Entry to Record the Flow of Costs into Department

question 47

Multiple Choice

The journal entry to record the flow of costs into Department 2 during the period for direct materials is

• A) Work in Process-Department 2 100,000
• Materials 100,000
• B) Work in Process-Department 2 55,000
• Materials 55,000
• C) Work in Process-Department 2 150,000
• Materials 150,000
• D) Materials 55,000
• Work in Process-Department 2 55,000

---

Definitions:

Systematic Assessment

A structured approach to evaluating or analyzing a process, person, or system based on established criteria or benchmarks.

Specified Objective

A clearly defined goal or target that an individual or group aims to achieve.

Purchase-Of-Service Agreement

A contract between a funding source (like a government agency) and a service provider, where the provider agrees to offer specified services to clients for a set fee.

Contracts

Legal documents that outline the terms, conditions, rights, and responsibilities agreed upon by two or more parties.