Triple M Corporation Manufactures Module Homes

question 83

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.What journal entry should be used to record the requisition of lumber for Triple M?

• A)debit to work in process of $4,500
• B)debit to materials inventory of $3,750
• C)credit to finished goods of $3,750
• D)debit to work in process of $3,750

Recognize the challenges and responses related to American navigation rights and economic policies under the Articles of Confederation.

Comprehend the role and responsibilities conferred by the Constitution on different branches of government and specific positions.

Reflect on key concepts like the large republic advantage theory, major Constitutional compromises, and foundational fiscal policies.

Understand the four conditions that arguments must meet to be considered worthy of acceptance.

---

Definitions:

Skeletal Muscle Tissue

A type of muscle tissue that is attached to bones and is responsible for voluntary movements of the body.

Smooth Muscle Tissue

A type of muscle tissue found in the walls of hollow organs like the intestines and blood vessels, which contracts involuntarily.

Motor Unit

A single motor neuron and all the muscle fibers it innervates, working together to perform muscular contraction.

Skeletal Muscle Tissue

A type of muscle tissue that is attached to bones and responsible for voluntary movements.