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Published by: Aaron Carter Kennedy on Sep 29, 2011
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09/29/2011

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If Department Q uses $60,000 of direct materials and Department T uses $15,000 of direct materials, the following

journal entry would be recorded by the process cost accounting system: Goods in Process Inventory, Department Q.... 60,000 Goods in Process Inventory, Department T..... 15,000 Finished Goods Inventory......................... 75,000 T/F?? Answer: False

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