Atlace Manufacturers uses a standard costing system.Data on standard costs and actual costs are as follows:
*allocated based on direct labor hours
*allocated on the basis of direct labor hours
Give journal entry to transfer the cost of units from Work-in-Process Inventory to Finished Goods Inventory.

Question

Atlace Manufacturers uses a standard costing system.Data on standard costs and actual costs are as follows:
    *allocated based on direct labor hours
  *allocated on the basis of direct labor hours
Give journal entry to transfer the cost of units from Work-in-Process Inventory to Finished Goods Inventory.

Quizplus · Accepted Answer

The Answer of Atlace Manufacturers uses a standard costing system.Data on standard costs and actual costs are as follows:
    *allocated based on direct labor hours
  *allocated on the basis of direct labor hours
Give journal entry to transfer the cost of units from Work-in-Process Inventory to Finished Goods Inventory.

Atlace Manufacturers Uses a Standard Costing System