Question: A materials requisition slip showed that direct materials requested were $66,000 and indirect materials requested were $9,000. The entry to record the transfer of materials

A materials requisition slip showed that direct materials requested were $66,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storeroom is

  1. Work In Process Inventory..... 66,000

Raw Materials Inventory....................66,000

2. Direct Materials...............................66,000

Indirect Materials.............................9,000

Work in Process Inventory..................... 75,000

3.Manufacturing Overhead..................75,000

Raw Materials Inventory.............................. 75,000

4. Work In Process Inventory..................66,000

Manufacturing Overhead.....................................9,000

Raw Materials Inventory.............................. 75,000

Group of answer choices

Journal 4 is correct.

Journal 2 is correct.

Journal 3 is correct.

Journal 1 is correct.

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