How much was the cost of goods sold

Assignment Help Cost Accounting
Reference no: EM132792000

Question - The cost of goods manufactured for March at JYD Company was P907,000. The following changes occurred in JYD Company inventory accounts during February:

Decrease in raw materials inventory P24,000

Decrease in work in process inventory 17,000

Increase in finished goods inventory 38,000

Required - How much was the Cost of Goods Sold?

a. P945,000

b. P869,000

c. P928,000

d. P886,000

Reference no: EM132792000

Questions Cloud

Describe a moment when you were injured : Describe a moment when you were injured. How was the perception of pain an advantage for you at that moment?
Explain why might a customer use physical evidence : Explain Why might a customer use physical evidence to form an evaluation for a service? How might a company manage physical evidence?
Influence an adolescent social development : How might technology and social media influence an adolescent's social development?
Does a test have to be valid to be reliable : 1. Does a test have to be reliable to be valid? Why? 2. Does a test have to be valid to be reliable? Why?
How much was the cost of goods sold : Question - The cost of goods manufactured for March at JYD Company was P907,000. How much was the Cost of Goods Sold
What can do according to the book and west virginia rules : According to the book and West Virginia rules, what can she do? In West Virginia, a high school female student athlete wants to try out for all-male baseball
Determine the balance of the raw and in process inventory : The company had no beginning inventories. Determine the balance of the Raw and in Process Inventory for the month of September
Identify primary social media platforms : Describe the role of various social platforms in the digital marketing mix Provide examples of social media in online marketing campaigns and initiatives
What are the common motivational technique : What are the potential ethical pitfalls in client motivation that practicing psychologists should attempt to minimize?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd