Kilbuck Manufacturing operates in a just-in-time manufacturing environment. Kilbucks actual conversion costs for the month of April
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Kilbuck Manufacturing operates in a just-in-time manufacturing environment. Kilbuck’s actual conversion costs for the month of April follow: Direct and indirect labor $150,000 Machine depreciation 85,000 Maintenance and supplies 60,000 Total conversion costs $295,000 The journal entry to record April's conversion costs will include:
A. a debit to Work in Process Inventory
B. a debit to Raw Materials Inventory
C. a credit to Raw and In-Process Inventory
D. debit to Raw and In-Process Inventory
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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