question 1 The journal entry to issue 500 of direct material

question. 1) The journal entry to issue $500 of direct materials and $30 of indirect materials to production involves debit(s) to the A) Work-in-Process Inventory account for $500 and Manufacturing Overhead account for $30 B) Work-in-Process Inventory account for $500 and Finished Goods Inventory account for $30 C) Manufacturing Overhead account for $530 D) Work-in-Process Inventory account for $530 2) On June 1, Dalton Productions had beginning balances as shown in the T-accounts below. Raw Materials Inventory 10, Work-in-Process Inventory 20 Finished Goods Inventory 25, Manufacturing Overhead 41 During June, the following transaction took place: June 2: Issued $2600 of direct materials and $900 of indirect materials to production. What was the balance in the Manufacturing Overhead account following this transaction? A) $41,900 B) $41,000 C) $43,600 D) $44,500

Solution

Answer 1) A

2) A

Indirect material transferred 900+manufacturing overhead inventory 40000

3) A

10) A

44×5 manufacturing overhead is

direct labour hours × predetermined manufacturing overhead