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Answer the Following Questions Using the Information Below

Question 137

Multiple Choice

Answer the following questions using the information below:
Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs.
-Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job?


A) Answer the following questions using the information below: Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs. -Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job? A) B) C) D) E)
B) Answer the following questions using the information below: Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs. -Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job? A) B) C) D) E)
C) Answer the following questions using the information below: Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs. -Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job? A) B) C) D) E)
D) Answer the following questions using the information below: Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs. -Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job? A) B) C) D) E)
E) Answer the following questions using the information below: Jansen Corporation uses job costing in its' metal fabrication plant.During February Job 117 was completed and the scrap generated was not usable by other jobs.Job 124 was also completed in February and the scrap created was usable by other jobs. -Which of the following is the correct journal entry if the scrap created by Job 124 is subsequently used by another job? A) B) C) D) E)

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