Business, 05.07.2019 23:10, holmesleauja
Adams company is a manufacturing company that has worked on several production jobs during the first quarter of the year. below is a list of all the jobs for the quarter:
balance
job no. 356 $ 450
job no. 357 1,235
job no. 358 378
job no. 359 689
job no. 360 456
jobs 356, 357, 358, and 359 were completed. jobs 356 and 357 were sold at a profit of $500 on each job.
what is the ending balance of cost of goods sold for adams company at the end of the first quarter?
a.$685
b.$456
c.$1,685
d.$2,685
Answers: 2
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