43. Award: 0 out of 2.00 points MC Qu. 105 On August 1, Shead Corporation ... On

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43.

Award: 0 out of 2.00 points

MC Qu. 105 On August 1, Shead Corporation ...

On August 1, Shead Corporation had $35,000 of raw materials on hand. During the month, the company purchased an additional $56,000 of raw materials. During August, $69,000 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 $6,000. Prepare journal entries to record these events. Use those journal entries to answer the following questions:

The debits to the Manufacturing Overhead account as a consequence of the raw materials transactions in August total:

A)$0

B)$6,000

C)$63,000

D)$69,000

Explanation / Answer

The debits to the Manufacturing Overhead account = $6000 Option B is correct

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