Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000Number of tax returns 300 What is the cost of services sold? a.$4,000 b.$200 c.$6,000 d.$1,800
Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000Number of tax returns 300 What is the cost of services sold? a.$4,000 b.$200 c.$6,000 d.$1,800
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows:
Number of tax returns 300
What is the cost of services sold?
Direct materials | $ 200 |
CPA staff salaries | 4,000 |
1,800 | |
Total | $6,000 |
What is the cost of services sold?
a.$4,000
b.$200
c.$6,000
d.$1,800
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