Here is selected data for Bluestreak Corporation: Cost of raw material purchased $77,300 Cost of requisitioned...

 

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Here is selected data for Bluestreak Corporation: Cost of raw material purchased $77,300 Cost of requisitioned direct materials $43,100 Cost of requisitioned indirect materials Direct labor Manufacturing overhead incurred Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Manufacturing overhead allocation rate (based on direct labor) The journal entry to close manufacturing overhead would include a $3,300 $80,100 $90,300 $234,000 $142,400 $17,400 $32,100 $35,200 130% OA. credit to Cost of Goods Sold account for $13,830. B. debit to Work-in-Process Inventory account for $13,830. C. credit to Manufacturing Overhead account for $13,830. OD. credit to Work-in-Process Inventory account for $13,830. Here is selected data for Bluestreak Corporation: Cost of raw material purchased $77,300 Cost of requisitioned direct materials $43,100 Cost of requisitioned indirect materials Direct labor Manufacturing overhead incurred Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Manufacturing overhead allocation rate (based on direct labor) The journal entry to close manufacturing overhead would include a $3,300 $80,100 $90,300 $234,000 $142,400 $17,400 $32,100 $35,200 130% OA. credit to Cost of Goods Sold account for $13,830. B. debit to Work-in-Process Inventory account for $13,830. C. credit to Manufacturing Overhead account for $13,830. OD. credit to Work-in-Process Inventory account for $13,830.

Answer rating: 100% (QA)

The correct answer is C credit to Manufacturing Over... View the full answer