The journal entry to issue $500 of direct materials and $30 of indirect materials involves a debit to

Name: The journal entry to issue $500 of direct materials and $30 of indirect materials involves a debit to
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Question

Quizplus · Accepted Answer

Direct materials are charged to Work in Process Inventory, while indirect materials are charged to Manufacturing Overhead. Therefore, the correct entry involves debiting Work in Process Inventory for the direct materials ($500) and Manufacturing Overhead for the indirect materials ($30).

The Journal Entry to Issue $500 of Direct Materials and $30