The following accounts are from last year's books of Sharp Manufacturing: Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs.What is the amount of direct materials used for the year?
A)$164,000
B)$154,000
C)$132,000
D)$168,000

Question

The following accounts are from last year's books of Sharp Manufacturing:      Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs.What is the amount of direct materials used for the year?
A)$164,000 
B)$154,000 
C)$132,000 
D)$168,000

Quizplus · Accepted Answer

The journal entry to record Issue of direct and indirect materials was entry (b)above: 11ea7998_5efc_ff39_911b_83d8abdbb57b_TB2627_00_TB2627_00 Direct materials are debited to Work in Process; indirect materials are debited to Manufacturing Overhead.

The Following Accounts Are from Last Year's Books of Sharp