18. Under a job order system of cost accounting, Cost of Goods Sold is debited and Finished Goods is credited for a:

		Shipment of completed goods to the customer.
		Transfer of completed production to the finished goods storeroom.
		Purchase of goods on account. Transfer of material to the factory. 20. The following data were taken from the general ledger and other data of Price Manufacturers on July 31: Work in Process, July 1 $ 94,000 Finished Goods, July 1 78,000 Materials purchased in July 221,000 Cost of goods manufactured in July 464,000 Marketing and administrative costs in July 46,000 Finished Goods, July 31 82,000 Work in Process, July 31 75,000 Compute the cost of goods sold for Price Manufacturers, selecting the appropriate items from the list provided. 21. Matching Question A subsidiary ledger in which a separate account is maintained for each material. A system that significantly reduces inventory carrying costs by requiring that raw materials be delivered by suppliers to the factory at the exact time they are needed for production. A system that produces goods for inventory with the hope that the demand for these goods will be created. Received from the vendor either before or at the same time the materials arrive. Compared to the purchase order to ensure goods ordered match what was received. Used to notify the purchasing agent that additional materials are needed for production. A system where products are manufactured when there is a demand. A. Pull manufacturing system B. General ledger C. Vendor's invoice D. Materials ledger E. Just-in-time (JIT) inventory system F. Push manufacturing system G. Purchase requisition H. Purchase order