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Refer to the T-account below:Work In ...

Refer to the T-account below:

Work In Process
Debit		Credit
Balance	30,000	(12)	270,000
(4)	90,000
(6)	70,000
(9)	110,000
Balance	30,000

Entry (12) could represent which of the following?

▸ Direct labor cost incurred in production.

▸ Purchases of raw materials.

▸ The cost of goods manufactured transferred to Finished Goods.

▸ The cost of indirect materials incurred in production.

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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