Answer:
B. debit to WIP inventory
Explanation:
The journal entry to record the usage of direct material in production is
Work in Process Inventory Dr.
To Raw Material Inventory
(Raw materials consumed recorded)
Raw material inventory is an asset. It's consumption should reduce it's balance. A debit increases an asset's balance while a credit reduces it's balance.
Work in process, like raw material is an inventory account i.e an asset. A debit increases their balance whereas a credit reduces it.
Here, raw materials i.e direct material have been issued for production, which would reduce their balance and increase the balance of work in process as finished goods are yet to be made.
Answer:
a. A company's book value reflects the company's history of equity investment and retained earnings; a company's market value reflects investor's view of the company's future earning prospects.
Explanation:
The book value of a company is the residual equity and retained earnings after all liabilities paid. Market value is the view of investor's about the company and is what the company would be worth if it were to be sold.
The process adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
<h3>What is
Co-optation?</h3>
In business term, the term "Co-optation" is a process adopted by a firm by acculturating a smaller group with related interests because they will gain some values collectively therein.
In conclusion, the process that is adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
Read more about Co-optation
<em>brainly.com/question/7715001</em>
I guess the correct answer is may want to buy one of these solutions prematurely
One of the dangers in researching vendor solutions is that users and analysts may want to buy one of these solutions prematurely.
According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "<u>Overproduction</u>."
<h3>What is Overproduction?</h3>
Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.
<u>Overproduction</u> of products usually leads to lower prices and sometimes unemployment of labor.
Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."
Learn more about Overproduction here: brainly.com/question/8900736