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UIUC ACCY 202 - Collection 4 Review

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ACCY 202 1st Edition Lecture 14Outline of Last LectureI. Week 5 Test Materials1. Property, Plant, Equipment2. Revenue Expenditures3. Capital Expenditure4. Ordinary RepairsOutline of Current LectureI. Collection 4 Review1. Boris Casei. Period Cost2. Mickey Casei. Product Cost3. Sara Casei. Product CostCurrent lectureI. Collection 4 Review1. If Boris earned $3,000 compensation for working in Materials Handling, retrieves items for the storage shelf and delivers the items to the requisitioning department, which journal entry is he?- Journal entry C: Manufacturing Overhead DebitCash Crediti. Period Cost!2. If Mickey earned $3,000 compensation for operating equipment used as part of production which journal entry is he?- Journal entry B: Work In Progress DebitCash Crediti. Product Cost!These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.3. If Sara earned $3,000 compensation for working in Centralized Shipping Department, which journal entry is she?- Journal entry A: Wage Expense DebitCash Crediti. Product


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