1.) A journal entry includes a debit to Work in Process Inventory and a credit to Raw Material Inventory. The explanation for this would be that:

• Direct material was placed into production
• Indirect material was placed into production
• Direct labor was used for production
• Raw material was purchased on account

2.) A good description of "cost of goods manufactured" is the recorded cost of the:

• Units completed during this period.
• Work done on all units during this period.
• Work done this period on units completed this period.
• Units started and completed during the period.

3.)Debit to Cost of Goods Sold typically represent the

• Costs of items sold
• The cost of goods manufactured
• Transfer of completed items to Finished Goods Inventory
• Selling price of items sold

4.) A service organization would be most likely to use a predetermined overhead rate based on:Single choice.

• Direct labor
• Number of complaints
• Standard material cost
• Machine hours

5.)