The journal entry to record requisitioned and usage of direct materials would include a credit to:
A)Work-in-Process Inventory.
B)Accrued Payroll.
C)Factory Overhead.
D)Materials Inventory.
E)Finished Goods Inventory.

Question

Quizplus · Accepted Answer

When direct materials are requisitioned and used in production, the Materials Inventory account is credited to reflect the decrease in inventory.

The Journal Entry to Record Requisitioned and Usage of Direct