The following transactions take place after the implementation of JIT: 
What will be the entry to record materials placed into production using the backflush 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-in-Process Inventory 75,000 Materials and in Process Inventory 75,000
D) No entry is required
Correct Answer:
Verified
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