West Allis Bike Shop uses a backflush-costing system to account for bicycles. Bicycles are scheduled for production only after orders are received and products are shipped to customers immediately upon completion
No Finished Goods Inventory is maintained and product costs are applied directly to Cost of Goods Sold. The standard cost for materials is $150 per bicycle. The standard cost for conversion costs is $75 per bicycle.
During the current month, West Allis Bike Shop purchased $6,000 of direct materials and incurred $3,000 in conversion costs to produce 40 bicycles. The journal entry to record the purchase of materials includes a Debit to ________.
A) Materials Inventory
B) Work-in-Process Inventory
C) Finished Goods Inventory
D) Cost of Goods Sold
A
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Valerie is the choreographer for a community dance company. She has learned that the City Arts Festival is considering adding several more acts to its Center Stage performance. Valerie would like her company to be considered for a spot in the performance.
Which type of proposal should Valerie submit? A verbal proposal A formal proposal An informal proposal
This persuasive organizational pattern arranges information based upon pros and cons
A) Monroe's Motivated Sequence B) advantages-disadvantages C) cause-effect D) effect-cause