During the month, Barrera Manufacturing incurred (not paid) $45,000 in direct labor costs in Department 1, $22,000 direct labor costs in Department 2, and $3500 of indirect labor costs. Which of the following is NOT part of the summary journal entry to record these transactions? Process costing is used.
A) debit to Manufacturing Overhead for $3500
B) debit to Work-in-Process Inventory for $70,500
C) credit to Wages Payable for $70,500
D) debit to Work-in-Process Inventory—Department 1 for $45,000
A) debit to Manufacturing Overhead for $3500
You might also like to view...
Research and development costs normally are capitalized and amortized over the estimated sales life of the product developed
Indicate whether the statement is true or false
The number of good units or quantity of services that are produced and sold by an organization within a specified time is referred to as process quality yield
Indicate whether the statement is true or false
Describe the four nonprofit organizational design alternatives for marketing
What will be an ideal response?
What recruiting objectives are being met through the use of online recruitment?
What will be an ideal response?