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solmaris [256]
3 years ago
10

Which answer applies to "fine print"?

Business
2 answers:
Morgarella [4.7K]3 years ago
4 0
B. you should always read the fine print.....
I am almost positive this is the right answer.....good luck
jekas [21]3 years ago
3 0
The answer would be b you should always read the fine print
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3 years ago
Entry for Jobs Completed; Cost of Unfinished Jobs
frosja888 [35]

Answer:

a. Journal Entry to record the jobs completed:

Debit Finished Goods Inventory $178,710

Credit Work in Process $178,710

To record the jobs completed.

b. The cost of the unfinished jobs at August 31 is:

= $23,080

Explanation:

a) Data and Analysis:

Work in Process

Account Titles        Debit      Credit

Balance, August 1  $8,920

Direct materials     72,520

Direct labor            78,230

Factory overhead   41,120

Finished goods inventory   $178,710

Balance (unfinished jobs)     23,080

Total                  $201,790 $201,790

Jobs finished during August are summarized as follows:

Job 210  $36,140

Job 216   22,090

Job 224   42,170

Job 230   78,310

Total     $178,710

a. Journal Entry Analysis to record the jobs completed:

Finished Goods Inventory $178,710 Work in Process $178,710

b. The cost of the unfinished jobs at August 31 is:

= Total of work in process Minus Finished Goods

= $201,790 - $178,710

= $23,080

5 0
3 years ago
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