Which source document provides information for the journal entry to transfer costs from the work in process inventoryWork in Process Inventory account to the finished goods inventoryFinished Goods Inventory account?
A) Job cost sheet
B) Work ticket
C) Standard cost card
D) Materials requisition

Question

Quizplus · Accepted Answer

When a job is finished,the job cost sheet summarizes all costs incurred to complete that job.As a result,this document would provide the information required for the journal entry to transfer costs from the Work in Process Inventory account to the Finished Goods Inventory account.

Which Source Document Provides Information for the Journal Entry to Transfer