The journal entry to record the transfer of 1,600 units of part number 1177 with a value of $2.50 each, to work in process is:

a. Work in Process 4,000
Factory Overhead 4,000

b. Work in Process 4,000
Materials 4,000

c. Work in Process 4,000
Cash 4,000

d. Materials 4,000
Work in Process 4,000

The correct option is - B

Explanation:

The journal entry that will be recorded in the books of accounts if the transfer (1600 units) of the part number 1177 having the worth of $2.50 each, to work in process is  :

Work in process is to be debited with an amount of 4000

Material inventory is to be credited with an amount of 4000

Thus, the correct answer is B

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability