education.wiley.com C W NWP Assessment Builder UI Application W NWP Assessment Player UI Application Chapter 16 Quiz Question 7 of 11 > -112 Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit (1) (2 ) (3) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 1 used Submit AnswerW NWP Assessment Builder UI Application W NWP Assessment Player UI Application pter 16 Quiz Question 7 of 11 /12 View Policies Current Attempt in Progress Concord Company manufactures a single product by a continuous process involving two production departments. The records indicate that $159,600 of direct materials were issued to and $228,000 of direct labor was incurred by Department 1 in the manufacture of the product. The factory overhead rate is $25 per machine hour; machine hours were 5,700 in Department 1. Work in process inventory in the department at the beginning of the period totaled $39,900; and work in process inventory at the end of the period was $28,500. (a) Prepare entries to record the following transactions: The flow of costs into Department 1 for (1) direct materials (2) direct labor (3) manufacturing overhead Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit (1)