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kiruha [24]
3 years ago
8

EA13.

Business
1 answer:
navik [9.2K]3 years ago
6 0

Answer:

Journal entries for the  

Completion of Job 113

Debit Finished Good/Inventory Account     $ 5000

Credit WIP JOB 113 Account                         $ 5000

(In words we will debit finished good account by shifting work in process related to the job 113 in it)

Journal entries for the  

Completion and sale of Job 85

Debit Finished Good/Inventory Account     $ 3000

Credit WIP JOB 113 Account                         $ 3000

For sales following two entries will be passed.

Debit Cost of Good Sold Account                    $ 3000

Credit Finished Good/Inventory Account        $ 3000

Debit Cash (or Receivable if credit sale)          $ 4500

Credit Sales Account                                         $ 4500

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Unique Company provided the following budgeted data for July:Direct materials $60,000Direct labor $35,000Overhead $100,000Beginn
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Answer:

 Cost of goods sold = $179,000

Explanation:

The cost of goods sold represent the amount of direct expenditure incurred on the units of goods sold for the period. It is computed as follows

Cost of goods sold = Opening inventory + cost of production - closing inventory

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The cost of goods sold for unique production is

Cost of goods sold = Opening inventory + production - closing inventory

cost of gods sold = 20,000 + (60,000 + 35,000 + 100,000) - 36,000

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The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.Explanation:

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b) Yes

Explanation:

Data provided in the question:

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Standard Deviation = 0.003

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Lower Specification Limit, LSL = 0.034

Now,

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