How much was the cost of goods sold for jyd company

Assignment Help Cost Accounting
Reference no: EM132746837

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

Problem 1: How much was the Cost of Goods Sold?

a. P869,000

b. P886,000

c. P928,000

d. P945,000

Reference no: EM132746837

Questions Cloud

Find what the amount of production costs transferred : Find what the amount of production costs transferred to Cost of goods sold is? Ethel Company manufactures electric motors for electric fans
Digital forensic methods to solve crimes : Law enforcement professionals and investigators use digital forensic methods to solve crimes every day.
How do compute the budgeted conversion cost per unit : Compute the budgeted conversion cost per unit. Ethel Company manufactures electric motors for electric fans. The company uses the JIT/Backflush Costing
Was proper procedure used in your opinion : Do you agree with the article's position, approaches, and authors? Why, or why not? Was proper procedure used in your opinion?
How much was the cost of goods sold for jyd company : The cost of goods manufactured for March at JYD Company was P907,000. How much was the Cost of Goods Sold? Decrease in work in process inventory 17,000
Identify as being necessary for a decision : What criteria can you identify as being necessary for a decision to be described as a signal?
Find what the company should report cogs of : Before disposition of over applied overhead, selected year end balances. In its year end Income statement, the Company should report COGS of
How do find what cost per equivalent unit for material : Abnormal loss (discovered at the end of process) 2,500 units. What is the cost per equivalent unit for material using average method?
What gross profit for the year for fundador inc : Fundador Inc. manufactures X product from process, What gross profit for the year if the net revenue from by-product is presented as additional sales revenue is

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