Business, 21.02.2020 03:20 josephinekiim

Adelphia Manufacturing issued $70,000 of direct materials and $10,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction?
A)Raw Materials Inventory 80,000
Finished Goods Inventory 70,000
Work-in-Process Inventory 10,000
B)Work-in-Process Inventory 80,000
Raw Materials Inventory 80,000
C)Work-in-Process Inventory 70,000
Manufacturing Overhead 10,000
Raw Materials Inventory 80,000
D)Manufacturing Overhead 80,000
Raw Materials Inventory 80,000

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