Business, 08.03.2021 19:30 Vicky22Shz
During September at Renfro Corporation, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $8,000. The journal entry to accurately record this requisition would be: Multiple Choice Dr. MOH $57,000 Dr. WIP $8,000 Cr. Raw Materials $65,000 Dr. WIP $65,000 Cr. MOH $8,000 Cr. Raw Materials $57,000 Dr. WIP $57,000 Dr. MOH $8,000 Cr. Raw Materials $65,000 Dr. WIP $57,000 Dr. MOH $8,000 Cr. Direct Materials $65,000
Answers: 1
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During September at Renfro Corporation, $65,000 of raw materials were requisitioned from the storero...
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