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lozanna [386]
2 years ago
12

To calculate cost of goods sold during the year, take total cost of goods manufactured and:_________

Business
1 answer:
mars1129 [50]2 years ago
3 0

The following below completes the question:

  • Intake of Completed-Items Stock.
  • Produced Goods Cost should be included.
  • In other words, it's the same as "Done and Ready to Sell" products.
  • Subtract the final stock of finished goods.
  • Equals: Cost of Goods Sold.

This is further explained below.

<h3>What is the Cost of Goods Sold.?</h3>

Generally, the total amount that your firm spent on product sales is referred to as the "cost of goods sold." It might entail resale items, raw supplies, direct labor, or packing, depending on the company that you work for.

The thing that is being put up for sale is referred to as the product. A product might refer to either an object or a service. It may take the shape of anything tangible, virtual, or cyber. Every item has a price tag attached to it since it must be paid for during production.

In conclusion,

  • Intake of Completed-Items Stock.
  • Produced Goods Cost should be included.
  • In other words, it's the same as "Done and Ready to Sell" products.
  • Subtract the final stock of finished goods.
  • Equals: Cost of Goods Sold.

Read more about the Cost of Goods Sold.

brainly.com/question/14866200

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Your answer is that she needs to earn $148 on Friday

Explanation:

Calculate Average:

(67 + 82 + 78) / 4 = 56.75    (Remember 67 is worth Monday and Tuesday)

We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.

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Your answer is that she needs to earn $148 on Friday

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Answer:

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Adjustments to be recorded in cash book

Less: Bank Service Fees                                                        $ (  310)

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For cash book, the adjustments that have to be recorded are the bank service fees, collection of notes and interest.

For bank statements, the adjustments that have to be recorded are the deposits in transits ( collections not deposited). unpresented cheques ( cheques issued but not presented) and the correction of the wrong entry.

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