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A materials requisition slip showed that direct materials requested were $53,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storeroom is:

A) Work In Process Inventory 53,000
Raw Materials Inventory 53,000

B) Direct Materials 53,000
Indirect Materials 9,000
Work In Process Inventory 62,000

C) Manufacturing Overhead 62,000
Raw Materials Inventory 62,000

D) Work In Process Inventory 53,000
Manufacturing Overhead 9,000
Raw Materials Inventory 62,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M990370

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