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James Company Manufactures T-Shirts

Question 179

Multiple Choice

James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are:
James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: - It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. What is the entry to record the purchase of materials? A) B) C) D)
- It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts.
What is the entry to record the purchase of materials?


A)
James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: - It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. What is the entry to record the purchase of materials? A) B) C) D)
B)
James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: - It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. What is the entry to record the purchase of materials? A) B) C) D)
C)
James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: - It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. What is the entry to record the purchase of materials? A) B) C) D)
D)
James Company manufactures t-shirts.During the year, it manufactured 250,000 t-shirts, using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: - It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. What is the entry to record the purchase of materials? A) B) C) D)

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