CC117 Final Exam (FA17) instructions I he Question 4 (of 50) E) i save & Exit //

Question

CC117 Final Exam (FA17) instructions I he Question 4 (of 50) E) i save & Exit // Submi 4.6ot value: 6.00 points Iniquez Corporation, $79,000 of raw materials were requisitioned from the storeroom for use in production These raw materials indirect materials. The indirect materials totaled $4,000 The journal entry to record the requisition from the storeroom would include a O debit to Work in Process of $79,000 O debit to Work in Process of $75,000 O credit to Manufacturing Overhead of $4,000 O debit to Raw Materials of $79,000 References Multiple Choice Type here to search 17 PM

Explanation / Answer

Journal entry :

so answer is b) debit to work in process of $75000

Date accounts & explanation debit credit Work in process a/c 75000 Manufacturing overhead a/c 4000 raw material a/c 79000 (To record requisitioned of raw material)

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