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If Department Q uses $60,000 of direct materials

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If Department Q uses $60,000 of direct materials and Department T uses $15,000 of direct materials, the following journal entry would be recorded by the process cost accounting system;Goods in Process Inventory, Department Q.... 60,000;Goods in Process Inventory, Department T..... 15,000;Finished Goods Inventory......................... 75,000;T/F??

 

Paper#30591 | Written in 18-Jul-2015

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