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

Author Question: Games R Us manufactures various games. For March, there were no beginning inventories of direct ... (Read 176 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Mar 6, 2021
Games R Us manufactures various games. For March, there were no beginning inventories of direct materials and no beginning or ending work in process. Conversion costs is the only indirect manufacturing cost category currently used. Journal entries are recorded when materials are purchased and when conversion costs are allocated under backflush costing.

Conversion costs - March$470,000
Direct materials purchased - March$1,090,000
Units produced - March61,800
Units sold - March44,800

Which of the following journal entries properly records the purchase of direct materials?
◦
Accounts Payable Control470,000
Inventory: Raw and In-Process Control470,000

◦
Inventory: Materials and In-Process Control1,090,000
Accounts Payable Control1,090,000

◦
Inventory: Raw and In-Process Control1,090,000
Conversion Costs1,090,000

◦
Conversion Costs1,090,000
Inventory: Raw and In-Process Control1,090,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SO00 on Mar 6, 2021

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
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.
Answer Preview
Only 64% of students answer this correctly


SO00

  • Member
  • Posts: 568
Reply 2 on: Mar 6, 2021
:D TYSM

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Communication by direct contact between cells. Communication by direct contact between cells.
Adolescence: 12 years or puberty to the beginning of adulthood. Adolescence: 12 years or puberty to the beginning of adulthood.
Mechanism of Action of Direct-Acting Antispasmodics Mechanism of Action of Direct-Acting Antispasmodics
Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ... Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ...
Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ... Hector makes payments of $2000.00 into an RRSP at the beginning of every six months starting ...
Direct Two Species Interactions Direct Two Species Interactions
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library