The journal entry to record the flow of costs into Department 1 during the period for direct materials is
A) Work in Process-Department 1 100,000
Materials 100,000
B) Work in Process-Department 1 55,000
Materials 55,000
C) Materials 100,000
Work in Process-Department 1 100,000
D) Materials 55,000
Work in Process-Department 1 55,000

Question

Quizplus · Accepted Answer

The correct journal entry to record the flow of direct materials into a department is to debit the Work in Process account for that department and credit the Materials account for the same amount, indicating that materials have been moved from inventory into production.

The Journal Entry to Record the Flow of Costs into Department