Business, 01.12.2021 01:00, sebastianapolo5
During 2013, Company C, an automobile manufacturer, finished producing 50 trucks, each of which had a manufacturing cost of $20,000 accumulated in Work in Process inventory previously. What would be the entry to record transfer of inventory to Finished Goods
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 20:20, derpmuffin47
On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:
Answers: 3
Business, 22.06.2019 10:30, natajaeecarr
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 19:40, jair512872
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
Do you know the correct answer?
During 2013, Company C, an automobile manufacturer, finished producing 50 trucks, each of which had...
Questions in other subjects:
Chemistry, 06.09.2019 18:10
Chemistry, 06.09.2019 18:10
Computers and Technology, 06.09.2019 18:10
