Answer the following question(s) using the information below:
Complete Microfilm Products manufactures microfilm cameras.For October there were no beginning inventories of direct materials, and no beginning or ending work-in-process.Only one indirect manufacturing cost category is currently in use, "Conversion Costs." Journal entries are recorded when materials are purchased and when units are sold using backflush costing.
-A trigger point is defined as
A) a stage in the cycle going from the purchase of direct materials to the sale of finished goods at which point journal entries are made in the accounting system.
B) a stage in the cycle going from the purchase of accounting software to the sale of finished goods at which point journal entries are made in the new accounting system.
C) a stage in the cycle going from the sale of finished goods at which point journal entries are made in the accounting system.
D) a stage in the cycle going from the purchase of direct materials at which journal entries are made in the accounting system.
E) a stage in the cycle going from the purchase of direct materials to the sale of finished goods at which no journal entries are made in the accounting system.
Correct Answer:
Verified
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