The journal entry to record the transfer of 1,600 units of part number 1177 with a value of $2.50 each, to work in process is:

a. Work in Process 4,000
Factory Overhead 4,000

b. Work in Process 4,000
Materials 4,000

c. Work in Process 4,000
Cash 4,000

d. Materials 4,000
Work in Process 4,000

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Why is efficiency an important economic goal?

Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08