Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

Exercise 20

For each of the four accounts listed below, prepare an example of a journal entry that would cause the account to be (1) debited and (2) credited using a process costing system. Assume perpetual inventory records are maintained, include written explanations with your journal entries and use "XXX" in place of dollar amounts.
a. Materials inventory
b. Direct Labor
c. Manufacturing Overhead
d. Finished Goods Inventory