MCQS

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16) Time sheets show total direct labor of $50,000. Payroll records show factory salaries at $12,000 and factory maintenance salaries at $6,000. Making the month-entry to record labor to the Work in Process Inventory account will require debit for how much? A. $56,000 B. $67,000 C. $62,000 D. $50,000 17) Closing under-applied factory overhead to cost of goods sold will result in which of the following journal entries: . A. Factory overhead control debit, cost of goods sold credit. B. Under-applied factory overhead debit, cost of goods sold credit. C. Factory overhead control debit, applied factory overhead credit. D. Cost of goods sold debit, factory overhead control credit . 18) Cost of defective work is shown in which of the following? A. other expenses. B. factory overhead expenses C. Marketing expenses. D. Administrative expenses