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The Following Transactions Take Place After the Implementation of JIT

Question 127

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The following transactions take place after the implementation of JIT: The following transactions take place after the implementation of JIT: What will be the entry to record material placed into production using the traditional approach? A) Materials and In Process Inventory 75,000 Work-in-Process Inventory 75,000 B) Materials Inventory 75,000 Accounts Payable 75,000 C) Work-n-Process Inventory 75,000 Materials and In Process Inventory 75,000 D) Work-in-Process Inventory 75,000 Materials Inventory 75,000 What will be the entry to record material placed into production using the traditional approach?


A) Materials and In Process Inventory 75,000 Work-in-Process Inventory 75,000
B) Materials Inventory 75,000 Accounts Payable 75,000
C) Work-n-Process Inventory 75,000 Materials and In Process Inventory 75,000
D) Work-in-Process Inventory 75,000 Materials Inventory 75,000

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