Here Is Some Basic Data for Shannon Company

Multiple Choice

Here is some basic data for Shannon Company:

The journal entry to record the cost of raw materials placed into production involves a

A) debit to Overhead account for $51,000.
B) debit to Work-in-Process Inventory account for $53,000.
C) debit to Work-in-Process Inventory account for $51,000.
D) credit to Manufacturing Overhead account for $2,000.