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Author Question: Haven Industries transferred 5,500 units of raw material into production to produce 2,500 units. The ... (Read 490 times)

lauraleepop

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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
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Marked as best answer by lauraleepop on Feb 5, 2023

H.cope00

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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.
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lauraleepop

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

skipfourms123

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Reply 3 on: Yesterday
Wow, this really help

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