Date Transaction Debit amount Date Transaction Credit amount

Aug. $1$ Balance $264,330$ Aug. $31$ Goods finished $165,960$

$31$ Direct materials X

$31$ Direct labor $32,800$

$31$ Factory overhead X

Factory Overhead

Date Transaction Debit amount Date Transaction Credit amount

Aug. $131$ Costs incurred $98,490$ Aug. $1$ Balance $15,690$

$31$ Applied $(30\%$ of direct labor cost$)$ X

If the balance of Work in Process on August $31$ is $$190,640,$ what was the amount debited to Work in Process for direct materials in August?

  

Answer rating: 100% (QA)

Calculating Direct Materials Cost Debited to Work in Process WIP We can find the direct materials co... View the full answer