Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 4 - Job Costing - Assignment Material - Exercises - Page 141: 4-27(3)

Answer

In this journal entry, we would debit Finished Goods with the total cost of Job M1 (which is $14,200) and credit Work-in-Process Control with the same amount.

Work Step by Step

In this journal entry, we would debit Finished Goods with the total cost of Job M1 (which is $14,200) and credit Work-in-Process Control with the same amount.
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