This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Haven Industries transferred 5,500 units of raw material into production to produce 2,500 units. The ... (Read 403 times)

lauraleepop

  • Full Member
  • ***
  • Posts: 141
on: Feb 5, 2023
Haven Industries transferred 5,500 units of raw material into production to produce 2,500 units.  The standard quantity of raw material required for each unit is 2 and the standard cost is $1.20 per unit. Which of the following is the correct journal entry to record the transfer?
◦
Raw Materials Inventory6,000​
Direct Materials Quantity Variance 600​
    Work in Process Inventory​6,600

◦
Work in Process Inventory6,000​
Direct Materials Quantity Variance 600​
    Raw Materials Inventory​6,600

◦
Raw Materials Inventory6,600​
    Direct Materials Quantity Variance​600
    Work in Process Inventory​6,000

◦
Work in Process Inventory6,600​
    Direct Materials Quantity Variance​600
    Raw Materials Inventory​6,000
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lauraleepop on Feb 5, 2023

H.cope00

  • Full Member
  • ***
  • Posts: 172
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


lauraleepop

  • Member
  • Posts: 141
Reply 2 on: Feb 5, 2023
Gracias!

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Basidiomycetes produce diverse fruiting bodies. Basidiomycetes produce diverse fruiting bodies.
Cotton Production and Slave Population, 1800–1860 Cotton Production and Slave Population, 1800–1860
Durkheim believed that modern societies produce feelings of isolation, much of which come from the ... Durkheim believed that modern societies produce feelings of isolation, much of which come from the ...
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Active solar technologies use for heat, cool, and produce electricity Active solar technologies use for heat, cool, and produce electricity
Fossil fuels production Fossil fuels production
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library