Showing posts with label request materials. Show all posts
Showing posts with label request materials. Show all posts

Saturday, October 19, 2019

The entry to transfer direct labor and indirect labor costs from manufacturing wages into production includes a debit to which of the following?

The entry to transfer direct labor and indirect labor costs from manufacturing wages into production includes a debit to which of the following?



A) manufacturing overhead and work in process inventory
B) finished goods inventory
C) manufacturing overhead
D) finished goods inventory and work in process inventory


Answer: A

The __________ is a document prepared by manufacturing personnel to request materials for the production process.



A) cost ticket
B) manufacturing ticket
C) job order card
D) materials requisition


Answer: D

In job costing, indirect materials used in production are credited to which of the following?



A) finished goods inventory
B) materials inventory
C) manufacturing overhead
D) work in process inventory


Answer: B

Bull Gator Industries is considering a new assembly line costing $6,000,000. The assembly line will be fully depreciated

Bull Gator Industries is considering a new assembly line costing $6,000,000. The assembly line will be fully depreciated by the simplified s...