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Use the Information Below to Answer the Following Question(s)

Question 296

Multiple Choice

Use the information below to answer the following question(s) .
Here is some basic data for Wharton Company:
Use the information below to answer the following question(s) . Here is some basic data for Wharton Company:    -For Wharton Company the journal entry to record the cost of direct materials placed into production involves a A)  debit to Manufacturing Overhead for $41,000. B)  debit to Work in Process Inventory for $43,000. C)  debit to Work in Process Inventory for $41,000. D)  credit to Manufacturing Overhead for $2,000.
-For Wharton Company the journal entry to record the cost of direct materials placed into production involves a


A) debit to Manufacturing Overhead for $41,000.
B) debit to Work in Process Inventory for $43,000.
C) debit to Work in Process Inventory for $41,000.
D) credit to Manufacturing Overhead for $2,000.

Correct Answer:

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