Question: Refer to the T - account below: Work In Process Debit Credit Balance 3 0 , 0 0 0 ( 1 2 ) 2 7

Refer to the T-account below:
Work In Process
Debit Credit
Balance 30,000(12)270,000
(4)90,000
(6)70,000
(9)110,000
Balance 30,000
Entry (12) could represent which of the following?
Multiple Choice
Direct labor cost incurred in production.
Purchases of raw materials.

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