18. Finished Goods inventory, March 311. 20 Summarized data for jobs worked on duringО а. Р7000COSTS INCURREDO b. P7,500JOBSJanuaryFebruaryMarchОс. Р5,500AP5,000O d. P3,000B3,0002,50019. Cost of Goods Sold for JanuaryD1,5004,000E3,500O a. P7,000F5,8006.500O ь. Р7,500G9,6003,800O. P20,000Ос.H4,5004,200O d. P10,5003,0007,00020. Cost of Goods Sold for FebruaryJobs Completed Jobs SoldО а. Рб,500JanuaryAB CA. CO b. P7,500FebruaryDEВ ЕBEO. P20.000MarchGH JGHO d. P7,000

Cost of goods sold means actual cost of goods that are being sold to the customers in a particular…

18. Finished Goods inventory, March 31 1. 20 Summarized data for jobs worked on during O a. P7,000 COSTS INCURRED O b. P7,500 JOBS January February March О с. Р5,500 Р5,000 3,000 A O d. P3,000 2,500 19. Cost of Goods Sold for January 1,500 4,000 D 3,500 O a. P7,000 5,800 6,500 O b. P7,500 F 9,600 3,800 О с. Р20,000 4,500 4,200 O d. P10,500 3,000 7,000 20. Cost of Goods Sold for February Jobs Completed Jobs Sold О а. Рб,500 January А В A C O b. P7,500 February DE В Е O. P20,000 March GHJ GH O d. P7,000 B.

18. Finished Goods inventory, March 31 1. 20 Summarized data for jobs worked on during O a. P7,000 COSTS INCURRED O b. P7,500 JOBS January February March О с. Р5,500 Р5,000 3,000 A O d. P3,000 2,500 19. Cost of Goods Sold for January 1,500 4,000 D 3,500 O a. P7,000 5,800 6,500 O b. P7,500 F 9,600 3,800 О с. Р20,000 4,500 4,200 O d. P10,500 3,000 7,000 20. Cost of Goods Sold for February Jobs Completed Jobs Sold О а. Рб,500 January А В A C O b. P7,500 February DE В Е O. P20,000 March GHJ GH O d. P7,000 B.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 27E: Selected information concerning the operations of a company for the year ended December 31 is as...

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