Diaz Company Uses Process Costing in Its Two Processing Departments; $\begin{array}{ll}\text { WIP Inventory - Assembly } &80,000\\\text { WIP Inventory - Materials }&&80,000\end{array}$

Short Answer

Diaz Company uses process costing in its two processing departments; Assembly and Finishing.If the Assembly Department requisitioned direct materials to be used in production,totaling $80,000,which one of the following journal entries would be made to record this transaction?
a.
$\begin{array}{ll}\text { WIP Inventory - Assembly } &80,000\\\text { WIP Inventory - Materials }&&80,000\end{array}$

b.
$\begin{array}{ll}\text { Raw Materials Inventory } &80,000\\\text { WIP Inventory - Assembly }&&80,000\end{array}$

c.
$\begin{array}{ll}\text { WIP Inventory - Assembly }&80,000 \\\text { Raw Materials Inventory }&&80,000\end{array}$

d.
$\begin{array}{ll} \text { Cost of Goods sold } & 80,000 \\\text { Finished Goods Inventory }&&80,000 \end{array}$

e. $\text { None of the answer choices is correct. }$