Based on the table, cost of goods sold for July is O $484 O $476 O $960 $755

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Beg. Balance
Charged
during June:
Direct
materials
Direct labor
Overhead
applied
Units
completed
Units in
process June
30
Units sold
during June
O $484
O $476
O $960
Job W
$50
O $755
$150
$200
25
Job X
10
$60
$95
$100 $65
0
40
Job Y
$70
O
$120
$130 $180 $150
$90
50
Job Z
O
$100
$80
$75
0
60
Based on the table, cost of goods sold for July is
30 0
Transcribed Image Text:Beg. Balance Charged during June: Direct materials Direct labor Overhead applied Units completed Units in process June 30 Units sold during June O $484 O $476 O $960 Job W $50 O $755 $150 $200 25 Job X 10 $60 $95 $100 $65 0 40 Job Y $70 O $120 $130 $180 $150 $90 50 Job Z O $100 $80 $75 0 60 Based on the table, cost of goods sold for July is 30 0
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