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babunello [35]
3 years ago
15

What two conditions must producers meet for there to be supply of a product?

Business
1 answer:
Radda [10]3 years ago
6 0
Must be willing and able to sell at all prices
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Answer:

$700

Explanation:

The journal entry to record the purchase should be:

November 30, Merchandise purchased from Ganster Company

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Since the freight charge was added to the invoice, then the total invoice will = $600 + $100 = $700

When a company purchases FOB shipping point, the title of the goods passes at the seller's shipping dock. Therefore the merchandise inventory must increase once the goods have left the seller's shipping dock.

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Answer:

The appropriate alternative is option B (ERP system).

Explanation:

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The two other possibilities are not connected to the condition in question. Therefore the choice above is the perfect one.

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