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  2. Topic
    Business
  3. Study Set
    Strategic Cost Accounting
  4. Exam
    Exam 2: Process Costing: Methods and Applications
  5. Question
    The Journal Entry That Assigns Raw Materials Costs in a Process
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The Journal Entry That Assigns Raw Materials Costs in a Process

Question 1

Question 1

Multiple Choice

The journal entry that assigns raw materials costs in a process costing system includes


A) Debit to raw materials
B) Credit to raw materials
C) Debit to Accounts Payable
D) Credit to Work in Process

Correct Answer:

verifed

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