Other

Image

Ch 19 LO2 Record DM DL

3

7 questions

  • 1. Multiple Choice
    1 minute
    1 pt
    The entry to record the purchase of direct materials on account would include a ________.
    debit to the Raw Materials Inventory account
    credit to the Work_in_Process Inventory account
    credit to the Raw Materials Inventory account
    debit to the Work_in_Process Inventory account
  • 2. Multiple Choice
    45 seconds
    1 pt
    Which of the following accounts would be debited in the journal entry to record the issuance of direct materials?
    Finished Goods Inventory
    COGS
    Raw Materials Inventory
    WIP Inventory
  • 3. Multiple Choice
    45 seconds
    1 pt
    Manufacturing Overhead is a temporary account used to ________ indirect production costs during the accounting period.
    allocate
    approximate
    accumulate
    assign
  • Answer choices
    Tags
    Answer choices
    Tags