Business
Business, 04.07.2020 22:01, rbrummitt1522

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is:Direct materials used $87,000Direct labor used 160,000Predetermined overhead rate (based on direct labor) 155%Goods transferred to finished goods 432,000Cost of goods sold 444,000Credit sales 810,000a. Debit Accounts Receivable $810,000; credit Cost of Goods Sold $810,000.b. Debit Accounts Receivable $810,000; credit Sales $366,000; credit Finished Goods Inventory $444,000.c. Debit Cost of Goods Sold $444,000; credit Sales $444,000.d. Debit Finished Goods Inventory $444,000; debit Sales $810,000; credit Accounts Receivable $810,000; credit Cost of Goods Sold $444,000.e. Debit Accounts Receivable $810,000; credit Sales $810,000; debit Cost of Goods Sold $444,000; credit Finished Goods Inventory $444,000.

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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production...

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