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Materials Requisition Slips Costed After Goods Sold Using Inventory Costing

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Materials requisition slips are costed by production supervisors using inventory costing methods to record direct materials of $66,000 and indirect materials of $9,000 being transferred from the storeroom to production lines based on a requisition slip.

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Materials requisition slips are costed after the goods have been sold. by production supervisors. using any of the inventory costing methods. by factory personnel who work on the production line. A materials requisition slip showed that direct materials requested were $66,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storerom is

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Materials Requisition Slips Costed After Goods Sold Using Inventory Costing

  • 1. Materials requisition slips are costed after the goods have been sold. by production supervisors. using any of the inventory costing methods. by factory personnel who work on the production line. A materials requisition slip showed that direct materials requested were $66,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storerom is