The journal entry to record the transfer of 1,600 units of part number 1177 with a value of $2.50 each, to work in process is:

a. Work in Process 4,000

Factory Overhead 4,000

b. Work in Process 4,000

Materials 4,000

c. Work in Process 4,000

Cash 4,000

d. Materials 4,000

Work in Process 4,000

Answer: The correct option is - B

Explanation:

The journal entry that will be recorded in the books of accounts if the transfer (1600 units) of the part number 1177 having the worth of $2.50 each, to work in process is:

Work in process is to be debited with an amount of 4000

Material inventory is to be credited with an amount of 4000

Thus, the correct answer is B