Question: Raw materials requisitioned by production for job No.110 consist of Direct Materials $15,000 and Indirect Materials $5,000. The entry to record this transaction should include:
Raw materials requisitioned by production for job No.110 consist of Direct Materials $15,000 and Indirect Materials $5,000. The entry to record this transaction should include: *
A debit to Work in Process $10,000 and a credit to Raw Material Inventory $10,000
A debit to Work in Process $15,000, a debit to Manufacturing Overhead $5,000 and a credit to Raw Material Inventory $20,000
A debit to Work in Process $15,000, a credit to Manufacturing Overhead $5,000 and a credit to Raw Material Inventory $20,000
None of the above
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