Question: accounting class Here is some basic data for Delta Manufacturing: Cost of materials purchases on account Cost of materials requisitioned (includes $2,000 of indirect) Direct
Here is some basic data for Delta Manufacturing: Cost of materials purchases on account Cost of materials requisitioned (includes $2,000 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $ 77,000 45,000 80,000 98,000 276,600 149,000 19,000 35,000 25,000 120% O A. credit to work in process inventory for $98,000 O B. debit to work in process inventory for $96,000 O C. debit to manufacturing overhead for $98,000. OD. credit to manufacturing overhead for 596,000
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