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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes moldin
Post by: bernie2981 on Nov 14, 2015
Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred out of the coloring process and into the finishing process, the journal entry would include a
A) debit to WIP Inventory-Finishing and a credit to WIP Coloring.
B) debit to Finished Goods Inventory and a credit to WIP Coloring.
C) debit to WIP Inventory-Coloring and a credit to Finished Goods Inventory.
D) debit to WIP Inventory-Coloring and a credit to WIP-Finishing.


Title: Re: Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes mo
Post by: nuclei on Nov 20, 2015
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Title: Re: Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes moldin
Post by: bernie2981 on Dec 1, 2015
Answers my question perfectly.