Caltran, Inc. completed manufacturing Job 445. It included $310 of direct materials cost, $1220 of direct labor cost, and $560 of allocated manufacturing overhead. Which of the following is the correct journal entry needed to record the completed job? a. Work — in — Process Inventory 1530
Cost of Sold 1530

b. Work — in — Process Inventory 2090
Finished Inventory 2090

c. Finished Goods Inventory 2090
Work — in — Inventory 2090

d. Finished Goods Inventory 2090
Materials Inventory 2090

Dr Finished Goods Inventory2,090

Cr Workminus−inminus−Process Inventory

2,090

Explanation:

Preparation of the correct journal entry needed to record the completed job

Based on the information given the correct journal entry needed to record the completed job will be :

Dr Finished Goods Inventory2,090

Cr Workminus−inminus−Process Inventory

2,090

Calculated as:

Direct materials cost $310

Direct labor cost $1,220

Allocated manufacturing overhead $560

=2,090

our agriculture industry and our business industry

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed