Tuesday
July 29, 2014

Homework Help: Accounting

Posted by Anonymous on Saturday, June 22, 2013 at 11:54pm.

Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the jobs for the quarter:

Balance
Job 356
$ 450
Job 357
$1,235
Job 358
$ 378
Job 359
$ 689
Job 360
$ 456

Job 356, 357, 358 & 359 were completed. Jobs 356 & 357 were sold at a profit of $500 on each job.

What is the ending balance of Cost of Goods sold for Zeke Company as of the end of the 1st quarter?
Answer

$456

$2,685

$1,685

$685

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Managerial accounting - The marketing department of Jessi Corporation has ...
ACCOUNTING - #1 chin company incurred direct materials costs of $300,000 during ...
Fin&Acc - B3 Company is a manufacturing firm that uses job-order costing. The ...
College Accounting 211 - A Corporation uses a predetermined overhead rate of $23...
accounting - Baldwin Products Company anticipates reaching a sales level of $6 ...
Cost Accounting - Please somebody can help with the steps of this problem: Thank...
accounting - A company has an overhead application rate of 125% of direct labor ...
Accounting - For a manufacturing company, is rent, and electricity (of ...
Accounting - Nafari Company's sales budget has the following unit sales ...
Accounting - Nafari Company's sales budget has the following unit sales ...

Search
Members