Answer:
E. Debit Cost of Goods Sold $839,300; credit Finished Goods Inventory $839,300.
Explanation:
The journal entry is as follows
Cost of goods sold Dr $839,300
To Finished goods inventory $839,300
(Being the cost of goods sold is recorded)
The computation is shown below:
= Beginning balance of finished goods inventory + transferred of goods completed - ending balance of finished goods inventory
= $160,500 + $837,000 - $158,200
= $839,300
Answer:
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Explanation:
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Answer:
The introduction is effective because it is setting an example of why the thesis behind the book is correct.
Mary Kay Ash, instead of introducing with a statement about her ideas, and why she believes in those, decided to tell a story about a business plan. This is a concrete form to show that under a free enterprise system, women like her, are able to succeed in the business world because they are given the freedom to do so.
Answer:
Following are the solution to this question:
Explanation:
Calculating the cost of the product sold:
FIFO:
June 1: 23 units costing of
each
Aug 27: 23 units costing of
each
13 units costing of
each
Total cost of product sold
LIFO:
June 1: 23 units costing of
each
Aug 27: 36 units costing of
each = 540
Total cost of product sold
Average cost:
June 1: 23 units costing of
each
Aug 27: 36 units costing of
each
Total cost of product sold 
The answer to this question is the term which we commonly heard as "PLATFORM". Hence when the main advantage of enterprise resource planning (ERP) is that it describes a PLATFORM that ensures connectivity and easy integration of future systems including in-house software and the commercial packages. In this case, the analyst must consider the architecture of the system.