Dover Enterprises has two products, Chalk V and Alabaster X, that come from a joint process, blending. Alabaster X undergoes additional curing after the split-off before it can be sold. The entry to account for the movement of products from the blending department is:

a. Debit - Finished Goods
Credit - Work in Process - Blending
b. Debit - Finished Goods
Debit - Work in Process - Curing
Credit - Work in Process - Blending
c. Debit - Work in Process - Curing
Credit - Work in Process - Blending
d. Debit - Work in Process - Curing
Credit - Factory Overhead


b

Business

You might also like to view...

Which of the following is the least expensive method of collecting data?

A) personal interviews B) telephone interviews C) mail survey D) focus group

Business

Decentralization reduces the need for effective communication among an organization's departments

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

Matching” refers to the fact that all expenses can be directly identified with either specific revenues or specific time periods.

Business

A retailer opening a store in a location where it has no or little recognition should use a(n) _____ advertisement

a. competitive b. reminder c. pioneer d. institutional

Business