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A Review of a Company's Work-In-Process Inventory Account Found a Debit

Question 33

Multiple Choice

A review of a company's Work-in-Process Inventory account found a debit for materials of $67,000.If all procedures were performed in the correct manner,this means that the firm:


A) also recorded a credit to Raw-Material Inventory.
B) also recorded a credit to Manufacturing Supplies Inventory.
C) was accounting for the usage of direct materials.
D) was accounting for the usage of indirect materials.
E) Both A and C are correct

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