What is the ending balance of cost of goods sold

Reference no: EM13189704

Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the jobs for the quarter:

Balance
Job 356
$ 450
Job 357
$1,235
Job 358
$ 378
Job 359
$ 689
Job 360
$ 456

Job 356, 357, 358 & 359 were completed. Jobs 356 & 357 were sold at a profit of $500 on each job.

What is the ending balance of Cost of Goods sold for Zeke Company as of the end of the 1st quarter?

Reference no: EM13189704

Questions Cloud

A standard costing system is the traditionally used costing : Which employees outside of accounting do you think should be an integral part of setting the standard costs for products?

What effect would this have on the estimation? : Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.

What is the estimated budget for the recruitment : Project labor authorization for January 2017 and What is the estimated budget for the recruitment exercise if the estimated cost of recruiting one employee during the period would be k1500.

During the period, labor costs incurred on account amounted : From the following, select the entry to record the factory overhead applied to production.

What is the ending balance of cost of goods sold : Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the jobs for the quarter:

What journal entry would be made when he is paid on : Payday for wages earned in the month of March is April 7. Ignoring Federal and State income tax withholdings, how much would he receive for September net of Social Security and Medicare taxes?

What annual rate of return must the endowment fund : There are usually no costs for the first 3 years, but thereafter maintenance is re- quired for restriping, weed control, light replacement, shoulder repairs, etc.

Harwick company exercise : Prepare the journal entries to record these transactions on the books of Harwicks Co. under a perpetual inventory system.

What are the highest and lowest payments from the writer : What are the highest and lowest payments from the writer that the beekeeper-farmer team will accept for the sixth day Assuming that the farmer can dispose of the $7 from the writer as she wishes, what range of payments will the beekeeper accept

User Account

All Pages