A Summary of the Materials Requisitions Completed During a Period

question 14

Multiple Choice

A summary of the materials requisitions completed during a period serves as the basis for transferring the cost of the materials from the Materials account to:

• A) Work-in-Process and Cost of Goods Sold.
• B) Work-in-Process and Factory Overhead.
• C) Finished Goods and Cost of Goods Sold.
• D) Work-in-Process and Finished Goods.