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Author Question: Which account is debited if materials costing $100,000 are sold? (Read 54 times)

xroflmao

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on: Mar 6, 2021

Question 1

Which account is credited if direct materials of $28,000 and indirect materials of $7,000 are sent to the manufacturing plant floor?
◦ Manufacturing Overhead Control for $35,000
◦ Work-in-Process Control for $35,000
◦ Accounts Payable Control for $21,000
◦ Materials Control for $35,000

Question 2

Which account is debited if materials costing $100,000 are sold?
◦ Revenues account
◦ Work-in-Process Control account
◦ Materials Control account
◦ Cost of Goods Sold account
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by xroflmao on Mar 6, 2021

komodo7

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Reply #1 on: Mar 6, 2021
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.
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xroflmao

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Excellent

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