Use the information below to answer the following question(s).
Here is some basic data for Shannon Company:

-For Shannon Company the journal entry to record the cost of raw materials placed into production involves a

Question

Use the information below to answer the following question(s).
Here is some basic data for Shannon Company:
 
-For Shannon Company the journal entry to record the cost of raw materials placed into production involves a

Quizplus · Accepted Answer

The cost of raw materials placed into production would be debited to the Work in Process Inventory account, as this is where the cost of direct materials used in the production process is recorded. The amount of the debit would be $51,000, based on the information given. The other choices are not correct, as there is no indication that Manufacturing Overhead or Overhead accounts would be involved in this journal entry.

Use the Information Below to Answer the Following Question(s)