Question

A materials requisition slip showed that direct materials requested were $58,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storeroom is:___________A) Work In Process Inventory 58,000Raw Materials Inventory 58,000B) Direct Materials 58,000Indirect Materials 9,000Work in Process Inventory 67,000C) Manufacturing Overhead 67,000Raw Materials Inventory 67,000D) Work In Process Inventory 58,000Manufacturing Overhead 9,000Raw Materials Inventory 67,000

Answer 1

Work In Process Inventory 58,000Manufacturing Overhead 9,000Raw Materials Inventory 67,000

Step-by-step explanation:

Account titles and explanation Debit Credit

Work In Process Inventory $58,000

Manufacturing overhead $9,000

Raw Materials Inventory $67,000

Direct Materials from the storeroom is recorded as work in process Inventory and is debited, Also Indirect materials is recorded as manufacturing overheads and debited. This should correspond with a credit to the raw material inventory.