Question

A materials requisition slip showed that direct materials requested were $65,000 and indirect materials requested were...

A materials requisition slip showed that direct materials requested were $65,000 and indirect materials requested were $8,000. The entry to record the transfer of materials from the storeroom is

Select one:

A.

Work In Process Inventory

65,000
          Raw Materials Inventory

65,000

B.

Direct Materials

65,000
Indirect Materials

8,000
          Work in Process Inventory

73,000

C.

Manufacturing Overhead

73,000
          Raw Materials Inventory

73,000

D.

Work In Process Inventory

65,000
Manufacturing Overhead

8,000
          Raw Materials Inventory

73,000

E. None of the above.

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Homework Answers

Answer #2

Direct material is transferred to work in process and indirect material is transferred to manufacturing overhead.

When direct material is transferred, work in process is debited and raw material inventory is credited. When indirect material is transferred, manufacturing overhead is debited and raw material inventory is credited.

Work In Process Inventory

65,000
Manufacturing Overhead

8,000
          Raw Materials Inventory

73,000


Option D.

answered by: anonymous
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