Answer:
The journal entry is as follows:
Work in process A/c Dr. $158,700
Manufacturing overhead A/c Dr. $2,250
To Raw material inventory $160,950
(To record the issuance of materials)
Workings:
- Work in process is debited with direct material:
= 88,700 + 27,600 + 3,650 + 38,750
= $158,700
- Manufacturing overhead debited with indirect material cost = $2,250
Answer:
Option C.
Explanation:
In terms of making sales, Closing is a term that is used to refer to the moment when a customer decides to make the purchase.
There are numerous closing techniques, and the minor-point close is one of the techniques.
The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.
This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.
When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.
<h3>How are supply decreases reflected?</h3>
When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.
In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.
Find out more on decreases in supply at
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A process Of maximizing benefits Or minimizing costs.
A. correct me if im wrong
