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23 October, 18:42

Javaprojavapro systems's static budget predicted production of and sales of 5555 connectors in august, but the company actually produced and sold only 5050 connectors. direct materials were budgeted at $ 93$93 per connector. the company purchased and used direct materials that cost $ 6 comma 184$6,184. what is the journal entry for the direct materials purchased

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  1. 23 October, 19:04
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    In this problem, you are given the amount of direct materials that was purchased by the company which is $6,184.

    To record the purchase of the direct materials, the journal entry would be:

    Materials $6,184

    Cash $6,184

    To record the usage of the direct materials to production, the entry would be:

    Work in Process $6,184

    Materials $6,184
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Home » Business » Javaprojavapro systems's static budget predicted production of and sales of 5555 connectors in august, but the company actually produced and sold only 5050 connectors. direct materials were budgeted at $ 93$93 per connector.
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