Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. x company is a manufacturing firm. it incurred the

X Company is a manufacturing firm. It incurred the following manufacturing costs in 2019: ...

50.1K

Verified Solution

Question

Accounting

X Company is a manufacturing firm. It incurred the following manufacturing costs in 2019:

Direct material $104,786
Direct labor 69,693
Overhead 140,920
Total $315,399

All jobs were started, finished, and sold in 2019, except for the following jobs:

Job Status Cost
AA started and finished in 2019; not sold in 2019 $28,365
BB started in 2019; not finished in 2019 8,640
CC finished in 2018; sold in 2019 27,762

What was Cost of Goods Sold in 2019?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Figure A shows the original figure Arrange the other figures in the order of reflection...

Basic Math
1.2K views

What is the root-sum-square uncertainty model?

Biology
1.2K views

Discuss from an osteological bone perspective why the mammalian jaw is stronger than in early...

Geometry
1.2K views

16 12 km 16 cm 13 Ima 12 cm 17 7 yd 10 yd 17...

Geometry
1.2K views

Find the volume of the solid below 5 cm 4 cm 6 cm 4 cm...

Basic Math
1.2K views

2 2

Algebra
1.2K views

Put the equation y x 14x 40 into the form y x h k Answer...

Algebra
1.2K views

5 points The function f x 7x arctan x8 is represented as a power series...

Accounting
1.2K views

Check my work E7-5 (Algo) Calculating Ending Inventory...

Accounting
1.2K views

The shareholders' equity of Core Technologies Company on June 30, 2017, included the following: Common...

Accounting
1.2K views

An adjustment to ending inventory using the lower of cost and net realizable value (LC&NRV)...

Finance
1.2K views

"Daelon currently has $29,000 in his bank account. He is planning on saving $170 per...