River Falls Manufacturing uses a normal cost system and had the following data available for 2018:

The journal entry to record the materials placed into production would include a ________.
A) credit to Direct Materials Inventory for $84,000
B) debit to Direct Materials Inventory for $150,000
C) credit to WIP Inventory for $84,000
D) debit to WIP Inventory for $150,000

Question

River Falls Manufacturing uses a normal cost system and had the following data available for 2018:

The journal entry to record the materials placed into production would include a ________.
A) credit to Direct Materials Inventory for $84,000 
B) debit to Direct Materials Inventory for $150,000 
C) credit to WIP Inventory for $84,000 
D) debit to WIP Inventory for $150,000

Quizplus · Accepted Answer

The Answer of River Falls Manufacturing uses a normal cost system and had the following data available for 2018:

The journal entry to record the materials placed into production would include a ________.
A) credit to Direct Materials Inventory for $84,000 
B) debit to Direct Materials Inventory for $150,000 
C) credit to WIP Inventory for $84,000 
D) debit to WIP Inventory for $150,000

River Falls Manufacturing Uses a Normal Cost System and Had