Supply chain management refers to Question 13 options: A) how the firm compensates the employees who work on the firm's internal stages of production. B) the contracts put in place to manage a firm's suppliers. C) the decisions around which stages of production to handle internally and which to buy from others. D) the 19th century practice of having barges move downstream with the flow of the river.

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.