Reference no: EM132556755
Question 1: A materials requisition slip showed that total materials requested were $21,250 with $750 of this amount consisting of indirect materials. What entry is made to record the transfer of materials from the storeroom?
A. Direct Materials............................................ 20,500
Indirect Materials......................................... 750
Work in Process Inventory..................... 21,250
B. Work in Process Inventory............................ 20,500
Manufacturing Overhead............................. 750
Raw Materials Inventory....................... 21,250
C. Manufacturing Overhead............................. 21,250
Raw Materials Inventory....................... 21,250
D. Work in Process Inventory............................ 21,250
Raw Material Inventory......................... 21,250