A. The recording of the factory labor incurred for general factory usewould include a debit to Cost
Question:
A.
The recording of the factory labor incurred for general factory usewould include a debit to
Cost of Goods Sold
Wages Expense
Factory Overhead
Wages Payable
B.
The entries to record cost and sale of a finished good on accountis
debit Cost of Goods Sold, credit Finished Goods, debit AccountsReceivable, credit Sales
debit Cost of Goods Sold, credit Finished Goods
debit Work in Process, credit Finished Goods, debit AccountsReceivable, credit Sales
debit Sales Expense, credit Finished Goods, credit Cash, creditAccounts Receivable
C.
During the period, labor costs incurred on account amounted to$175,000, including $150,000 for production orders and $25,000 forgeneral factory use. Factory overhead applied to production was$23,000. The entry to record the factory overhead applied toproduction is
Work in Process 25,000
Factory Overhead 25,000
Work in Process 23,000
Factory Overhead 23,000
Factory Overhead 25,000
Accounts Payable 25,000
Factory Overhead 23,000
Work in Process 23,000