Adelphia Manufacturing issued $70,000 of direct materials and $10,000 of indirect materials for production. Which of the following journal entries would correctly record the transaction?
A) Raw Materials Inventory 80,000
Finished Goods Inventory 70,000
Work-in-Process Inventory 10,000
B) Work-in-Process Inventory 80,000
Raw Materials Inventory 80,000
C) Work-in-Process Inventory 70,000
Manufacturing Overhead 10,000
Raw Materials Inventory 80,000
D) Manufacturing Overhead 80,000
Raw Materials Inventory 80,000
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