In job-order costing,the journal entry to record the transfer of completed goods from the production area would include a credit to ________.
A)Cost of Goods Sold
B)Finished Goods Inventory
C)Factory Department Overhead Control
D)Work-in-process Inventory

Question

Quizplus · Accepted Answer

The transfer of completed goods from production involves moving costs from Work-in-process Inventory to Finished Goods Inventory, so Work-in-process Inventory is credited.

In Job-Order Costing,the Journal Entry to Record the Transfer of Completed