Test TEST 1 Chapters 16 17 18 This Question3 pts SolutionAns

Test: TEST 1 Chapters 16, 17 &18 This Question:3 pts

Answer-7)

Work in Process Inventory A/c Dr. $8000

To Raw Material Inventory A/c Cr. $8000

(Being Direct Materials Used)

Manufacturing Overhead A/c Dr. $300

To Raw Material Inventory A/c Cr. $300

(Being Indirect Material Used)

Answer-8)

Work in Progress Inventory A/c Dr. $4200

To Wages\\Factory Payroll A/c Cr. $4200

(Being Direct Labour Used 70% of $6000)

Manufacturing Overhead A/c Dr. $1800

To Wage\\Factory Payroll A/c Cr. $1800

(Being Indirect Labour Used 30% of $6000)

Additional entry

Work in process Inventory A/c Dr. $2100

To Manufacturing Overhead A/c Cr. $2100