Question
13: Which of these accounts is not one of the inventory accounts used to record product costs? Cost of goods sold finished good work in
13: Which of these accounts is not one of the inventory accounts used to record product costs?
Cost of goods sold
finished good
work in progress
direct materials
10: A merchandising company, reported the following results for July:
sales revenue = 402,800
The cost of goods sold = 169100
Total fixed selling expenses = 24,000
total variable sum expense = 17,100
total fixed administration expenses = 20,300
total variable administrative expenses = 7600
how much is the contribution margin?
9: A merchandising company, reported the following results for July:
sales revenue = 402,800
The cost of goods sold = 169100
operating expenses = 24,000
how much is the gross margin
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
