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Question 6.8 in BPP revision kit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Question 6.8 in BPP revision kit

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • October 6, 2019 at 2:54 pm #548225
    zhao0702
    Member
    • Topics: 31
    • Replies: 45
    • ☆☆

    Hi sir, there’s a question in BPP revision kit that I’ve done it wrong for twice..so sad:(

    It’s 6.8( X Co has recorded the following wages costs for direct production workers for November)

    I know which part is direct and which part is indirect, however, I’m not sure about the double entry, and I just reversed debit and credit in my answer. Could you please explain why we debit work in progress account and overhead control account and credit wages control account..Thank you so much!!

    October 7, 2019 at 12:10 pm #548272
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54796
    • ☆☆☆☆☆

    When the wages are first paid, we credit cash and debit wages control.

    The wages that are used in the process are then transferred to work-in-progess by crediting wages control and debited work-in-progress.

    October 7, 2019 at 2:37 pm #548297
    zhao0702
    Member
    • Topics: 31
    • Replies: 45
    • ☆☆

    Oh..I see. Thank you so much sir, you’ve really helped me a lot!!

    October 7, 2019 at 2:41 pm #548300
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54796
    • ☆☆☆☆☆

    Great 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Question 6.8 in BPP revision kit’ is closed to new replies.

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