11Which of the following would be included in the journal entry to record the requisition of indirect materials?
A) Debit to Manufacturing overhead
B) Debit to Work in process inventory
C) Debit to Materials inventory
D) Debit to Finished goods inventory
12In job order costing, the journal entry to issue indirect materials to production should include which of the following?
A) Credit to Finished goods inventory
B) Credit to Materials inventory
C) Credit to Manufacturing overhead
D) Credit to Work in process inventory
13The journal entry to issue $500 of direct materials and $30 of indirect materials to production includes which of the following?
A) Debit to Work in process for $500 and debit to Finished goods for $30
B) Debit to Manufacturing overhead for $530
C) Debit to Work in process for $500 and debit to Manufacturing overhead for $30
D) Debit to Work in process inventory for $530
14The journal entry to record the incurrence of $1,500 of direct labor and $200 of indirect labor includes which of the following?
A) Debit to Manufacturing overhead for $1,700
B) Debit to Work in process inventory for $1,500 and debit to Finished goods for $200
C) Debit to Work in process inventory for $1,700
D) Debit to Work in process for $1,500, debit to Manufacturing overhead for $200
15Specialty Wood Products company had the following manufacturing labor costs last month:
Woodworkers' wages
|
$100,000
|
Indirect laborers’ wages
|
$ 20,000
|
Maintenance personnel wages
|
$ 10,000
|
What is the journal entry to record the incurrence of these wages?
A)
|
Work in process inventory
|
100,000
|
|
|
Manufacturing overhead
|
30,000
|
|
|
Wages payable
|
|
130,000
|
|
|
|
|
B)
|
Work in process inventory
|
130,000
|
|
|
Wages payable
|
|
130,000
|
|
|
|
|
C)
|
Wages payable
|
130,000
|
|
|
Finished goods inventory
|
|
100,000
|
|
Work in process inventory
|
|
30,000
|
|
|
|
|
D)
|
Manufacturing overhead
|
130,000
|
|
|
Wages payable
|
|
130,000
|
|
|
|
|
|
|
|
|
16Broxsie Fabrication Company issued $40,000 of direct materials to production and $5,500 of indirect materials to production. Which of the following transactions would correctly record the transaction?
A)
|
Materials inventory
|
45,500
|
|
|
Finished goods inventory
|
|
40,000
|
|
Work in process inventory
|
|
5,500
|
|
|
|
B)
|
Work in process inventory
|
45,500
|
|
|
Materials inventory
|
|
45,500
|
|
|
|
C)
|
Work in process inventory
|
40,000
|
|
|
Manufacturing overhead
|
5,500
|
|
|
Materials inventory
|
|
45,500
|
|
|
|
D)
|
Manufacturing overhead
|
45,500
|
|
|
Materials inventory
|
|
45,500
|
|
|
|
|
|
|
|
|
|
|
17Carlton Manufacturing Company purchased $65,000 of raw materials on account. The materials will be used to produce furniture. Which of the following journal entries correctly records this transaction?
A)
|
Accounts payable
|
65,000
|
|
|
Materials inventory
|
|
65,000
|
|
|
|
|
B)
|
Finished goods inventory
|
65,000
|
|
|
Accounts payable
|
|
65,000
|
|
|
|
|
C)
|
Work in process inventory
|
65,000
|
|
|
Accounts payable
|
|
65,000
|
|
|
|
|
D)
|
Materials inventory
|
65,000
|
|
|
Accounts payable
|
|
65,000
|
|
|
|
|
|
|
|
|
18On June 1, 2012, Dalton Production Company had beginning balances as shown in the T-accounts below.
Materials inventory
|
|
Work in process inventory
|
|
Finished goods inventory
|
|
Manufacturing overhead
|
10,000
|
|
|
20,000
|
|
|
25,000
|
|
|
41,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
During June, the following transactions took place:
June 2: Issue $2,400 of direct materials and $200 of indirect materials to production.
Following this transaction, what was the balance in the Work in process inventory account?
A) $20,000
B) $22,400
C) $22,600
D) $20,200
19On June 1, 2012, Dalton Production Company had beginning balances as shown in the T-accounts below.
Materials inventory
|
|
Work in process inventory
|
|
Finished goods inventory
|
|
Manufacturing overhead
|
10,000
|
|
|
20,000
|
|
|
25,000
|
|
|
41,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
During June, the following transactions took place:
June 2: Issue $2,400 of direct materials and $200 of indirect materials to production.
June 13: Pay $7,500 of direct factory labor cost, and $14,100 of indirect factory labor cost.
Following these transactions, what was the balance in the Work in process inventory account?
A) $29,900
B) $ 9,900
C) $44,200
D) $22,200
20On June 1, 2012, Dalton Production Company had beginning balances as shown in the T-accounts below.
Materials inventory
|
|
Work in process inventory
|
|
Finished goods inventory
|
|
Manufacturing overhead
|
10,000
|
|
|
20,000
|
|
|
25,000
|
|
|
41,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
During June, the following transactions took place:
June 2: Issue $2,400 of direct materials and $200 of indirect materials to production.
Following this transaction, what was the balance in the Manufacturing overhead account?
A) $43,600
B) $43,400
C) $41,200
D) $41,000