Sign In or Sign Up I Che ACC 221-N02 Falil 2017 Mariane Gonzalez 127n7 Test: Tes

Question

Sign In or Sign Up I Che ACC 221-N02 Falil 2017 Mariane Gonzalez 127n7 Test: Test Chapters 17 18 19 Time Remaining: 0029 37 Sut This Question: 1 pt 44 of 48 (14 oomplete) This Test: 57 pts Caltran, Inc. completed manufacturing Job 445. It indluded $330 of direct materials cot, $1,210 of direct labor cost, and $500 of allocated manufacturing overhead. Which of the following is the comect jounal entry neaded to recond he oompleted job? O A. Finished Goods Inventory OB, Wrk-in-Process inventory O C. Finished Goods Inventory O D. Work-in-Process Inventory 2040 540 2,040 2,040 Materiais Inventory 2.040 1,540 2.040 2.040 Cost of Goods Sold Work-in-Process Inventory Finished Goods Inventory Ciok to select your answer

Explanation / Answer

Answer is C

General Journal Debit Credit Finished Goods Inventory($330 + $1,210 + $500) $2,040 Work-in-Process Inventory $2,040

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