ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges direct material
Posted: Thu Jun 30, 2022 7:59 am
ABC Company uses a Materials Inventory account to record bothdirect and indirect materials. ABC charges direct materials to WIP,while indirect materials are charged to the Factory Overheadaccount. During the month of April, the company has the followingcost information:
Total materials (direct and indirect) purchased Indirect materials issued to production Total materials issued to production Beginning materials inventory The credit to the materials inventory account for materials used is: Multiple Choice ะพ $80,000. $50,000. $90,000. $30,000. O $110,000. $ 90,000 30,000 110,000 50,000
- Abc Company Uses A Materials Inventory Account To Record Both Direct And Indirect Materials Abc Charges Direct Material 1 (17.27 KiB) Viewed 11 times