The Following Transactions Take Place After the Implementation of JIT

question 77

Multiple Choice

The following transactions take place after the implementation of JIT: Which of the following would NOT be an entry under the backflush system, assuming the second trigger point is the completion of goods?

• A) Materials and In Process Inventory 75,000 Accounts Payable 75,000
• B) Work-in-Process Inventory 75,000 Materials Inventory 75,000
• C) Conversion Cost Control 46,000 Wages Payable 16,000 Accounts Payable 30,000
• D) Cost of Goods Sold 102,000 Finished Goods Inventory 102,000

---

Definitions:

Developmental Study

A research approach that investigates how behavior changes and grows across the life span, often emphasizing growth patterns and fundamental changes.

Epidemiological Study

Research that seeks to investigate the patterns, causes, and effects of health and disease conditions in defined populations.

Suicide Rate

The number of suicides occurring within a given population over a specified period of time, often expressed per 100,000 individuals.

Dissociative Disorders

Psychological conditions characterized by a break and inconsistency in the relationship among cognitions, recollections, environment, behaviors, and sense of self.