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elixir [45]
2 years ago
15

An assessment of costs and benefits inevitably involves

Business
1 answer:
Kamila [148]2 years ago
6 0
Value judgments and factual uncertainties
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Where can you find information about the cost of goods sold as well as total
yawa3891 [41]

The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.

<h3>What is the cost of goods sold? </h3>

Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.

A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.

Learn more about the cost of goods sold, here:

brainly.com/question/14665160

#SPJ1

3 0
1 year ago
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
djverab [1.8K]

Answer:

D. 165,000 materials; 144,000 conversion.

Explanation:

The concept of equivalent units measures the number of units in terms of percentage completion in the inputs introduced to outputs.

Calculation of  the number of equivalent units with respect to both materials and conversion respectively for March.

<u>Materials</u>

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 100%)     =  30,000

Total Equivalent units of Production                           = 165,000

<u>Materials</u>

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 30%)      =     9,000

Total Equivalent units of Production                           = 144,000

Conclusion :

The equivalent units of production are 165,000 materials; 144,000 conversion.

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