Prompt What is the term for a potential customer who has shown interest in the company‘s product?

Answers

Answer 1
A customer lead is the professional term used for the potential customer who has shown interest in the company's product.

Related Questions

Zeke shares the company’s organizational chart with employees during an all-staff meeting

Answers

The correct answer to this open question is the following.

We have no question here. It is a statement. You forgot to include the question. What is it that you want to know?

Although you forgot to include the question we can help you with the following comments.

If Zeke shares the company’s organizational chart with employees during an all-staff meeting, the intention of Zerek is to inform the employees of the structure of the company in order for them to be familiar with the hierarchy of the company.

This is very important so employees know the lines of communication and the different roles people play in the company so they can know who refer to or who to contact in case they need it.

The types of charts in an organization are the Divisional Structure, the Matrix Organizational chart, the Functional Top-Down, and the Flat chart.

Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw Materials Inventory 70,000 Beginning Work in Process Inventory 40,000 Ending Work in Process Inventory 46,000 Beginning Finished Goods Inventory 72,000 Ending Finished Goods Inventory 68,000 Cost of Goods Manufactured for the period 246,000

Answers

Answer:

the cost of goods sold is $250,000

Explanation:

The computation of the cost of goods sold is given below:

= Opening finished goods inventory + cost of goods manufactured - ending finished goods inventory

= $72,000 + $246,000 - $68,000

= $250,000

Hence, the cost of goods sold is $250,000

Suppose you know that a company's stock currently sells for $57 per share and the required return on the stock is 10.4%. You also know that the total return on the stock is evenly divided between capital gains yield and dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
What is the dividend per share in Year 4?

Answers

Answer:

$2.82

Explanation:

Calculation for what is the current dividend per share

First step is to calculate the Dividend yield

Dividend yield= 1/2 (.104)

Dividend yield= .052

Now let calculate the current dividend per share

Current dividend per share=(.052*57 per share)/(1+0.052)

Current dividend per share= 2.964/1.052

Current dividend per share=$2.82

Therefore the Current dividend per share will be $2.82

one could use the investment opportunity curve and the indifference curve to calculate optimal consumption and investment.
True or False?

Answers

I think it’s false !! :)) Lmk if it’s right !?!

Assume the equivalent units of production for materials and conversion are 5,200 units and 5,000 units, respectively, using the weighted-average method. If 4,660 units were completed and transferred to the next department, then what is the total cost assigned to the units completed and transferred out of the Milling Department

Answers

Question Completion:

Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 385,000 676,600 Total cost $ 301,600 $ 400,000 $ 701,600

Answer:

Milling Department

The total cost assigned to the units completed and transferred out is:

= $643,080

Explanation:

a) Data and Calculations:

Milling Department

Cost of production:

                                                              Materials    Conversion    Total Cost

Beginning work in process inventory  $ 10,000      $ 15,000       $ 25,000

Costs added during the period             291,600      385,000        676,600

Total cost                                             $ 301,600  $ 400,000      $ 701,600

Equivalent units of production              5,200           5,000

Cost per equivalent unit                         $58              $80

Cost Assignment:

Units completed and transferred out:

Materials = $270,280 (4,660 * $58)

Conversion  372,800 *4,660 * $80)

Total costs $643,080

Therefore, the costs assigned to ending work in process = $ 58,520 ($701,600 - 643,080)

To tolerate a risk is to simply ignore it? true or false

Answers

Answer:

False

Explanation:

if you ignored it it would get worse and if you ignore you might get hurt aswell.

Summarise the following passage in on more than 60w words and supply an appropriate title:every second,1 hectare of the world's rainforest is destroyed.thats equivalent to two football fields,an area the size of new York city is lost every day.in a year,that adds up to 31 million hectares-more than the land area of poland.this alarming rate of destruction has serious consequences for the environment, scientists estimate, for example, that 137 species of plant,insect or animal become extinct every day due to logging. In British Columbia, where,since become extinct, and the habitats of grizzly bears,wolves and many other creatures are threatened. Logging, however,provides jobs,profits, taxes for the government and cheap products of all kinds for consumers, so the government is reluctant to restrict or control it.

Answers

Answer:

I don't know...

Explanation:

I'm sorry...............

Virginia owns 100% of Goshawk Company. In the current year, Goshawk Company sells a capital asset (held for three years) at a loss of $40,000. In addition, Goshawk has a short-term capital gain of $18,000 and net operating income of $90,000 during the year. Virginia has no recognized capital gain (or loss) before considering her ownership in Goshawk. How much of the capital loss may be deducted for the year, and how much is carried back or forward if Goshawk is (a) a proprietorship and (b) a C corporation

Answers

Answer:

a. IF Goshawk Company is a sole proprietorship, it will deduct a total of $21,000 ($18,000 offset against the capital gain and $3,000 deducted from net operating income) of the $40,000 capital loss and carry forward the remaining $19,000 to subsequent years.

b. IF Goshawk Company is a C corporation, it will carry back and forward the remaining $22,000 to be deducted from its net operating income for previous or future years, after offsetting $18,000 from the $18,000 short-term capital gain.

Explanation:

a) Data and Calculations:

Long-term capital loss = $40,000

Short-term capital gain = $18,000

Capital loss remaining = $22,000 ($40,000 - $18,000)

Net operating income = $90,000

Consider two neighboring island countries called Arcadia and Felicidad. They each have 4 million labor hours available per week that they can use to produce jeans, corn, or a combination of both. The following table shows the amount of jeans or corn that can be produced using 1 hour of labor.

Jeans Corn
Country (Pairs per hour of labor) (Bushels per hour of labor)
Arcadia 8 16
Felicidad 5 20


Initially, suppose Arcadia uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce corn, while Felicidad uses 3 million hours of labor per week to produce jeans and 1 million hours per week to produce corn. Consequently, Arcadia produces 8 million pairs of jeans and 48 million bushels of corn, and Felicidad produces 15 million pairs of jeans and 20 million bushels of corn. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and corn it produces.


Arcadia's opportunity cost of producing 1 pair of jeans is____of corn, and Felicidad's opportunity cost of producing 1 pair of jeans is____of corn. Therefore,____has a comparative advantage in the production of jeans, and____has a comparative advantage in the production of corn.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces jeans will produce ___ million pairs per week, and the country that produces corn will produce ____ million bushels per week.

When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of corn was 68 million bushels per week. Because of specialization, the total production of jeans has increased by____million pairs per week, and the total production of corn has increased by____million bushels per week.

Because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade.
Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in Consumption”).
Arcadia Felicidad

Jeans Corn Jeans Corn
(millions of pairs) (millions of bushels) (millions of pairs) (millions of bushels)

Without Trade
Production 8 48 15 20
Consumption 8 48 15 20

With Trade
Production
Trade action
Consumption

Gains from trade
Increase in consumption

Answers

Answer:

Arcadia's opportunity cost of producing 1 pair of jeans is 2 bushels of corn, and Felicidad's opportunity cost of producing 1 pair of jeans is 4 bushels of corn. Therefore, Arcadia has a comparative advantage in the production of jeans, and Felicidad has a comparative advantage in the production of corn.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces jeans will produce 32 million pairs per week, and the country that produces corn will produce 80 million bushels per week.

When the two countries did not specialize, the total production of jeans was 23 million pairs per week, and the total production of corn was 68 million bushels per week. Because of specialization, the total production of jeans has increased by 9 million pairs per week, and the total production of corn has increased by 12 million bushels per week.

Because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade.

Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in Consumption”).

                                         Arcadia               Felicidad

                                    Jeans Corn           Jeans Corn

Without Trade

Production                      8      48                 15      20

Consumption                 8      48                  15      20

With Trade

Production                    32      0                   0        80      

Trade action                15     48                  15       48

Consumption               17     48                  15       32

Gains from trade

Increase in                    9                                        12

consumption

Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion method. The contract calls for progress billings and payments of $1,550,000 each quarter. The total contract price is $18,600,000 and Seasons estimates total costs of $17,750,000. Seasons estimates that the building will take 3 years to complete, and commences construction on January 2, 2018.At December 31, 2018, Seasons estimates that it is 30% complete with the construction, based on costs incurred. What is the total amount of Revenue and Profit from Long-Term Contracts recognized for 2018?

Answers

Answer:

The correct answer is "$5,580,000".

Explanation:

The given values are:

Total contract price,

= $18,600,000

Completion percentage,

= 30%

Seasons estimates,

= $17,750,000

Now,

In 2018,

The total amount of revenue will be:

= [tex]Total \ contract \ price\times Completion \ percentage[/tex]

On substituting the given values, we get

= [tex]18,600,000\times 30 \ percent[/tex]

= [tex]5,580,000[/tex] ($)

Two examples of factors of production

Answers

Answer:

land, labor, entrepreneurship, and capital

Explanation:

On January 1, 2021, Glanville Company sold goods to Otter Corporation. Otter signed an installment note requiring payment of $19,500 annually for six years. The first payment was made on January 1, 2021. The prevailing rate of interest for this type of note at date of issuance was 10%. Glanville should record sales revenue in January 2021 of: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $117,000 $84,928 None of these answer choices are correct. $93,420

Answers

Answer:

the amount of sales revenue recorded is $86,234

Explanation:

The computation of the amount of sales revenue recorded is shown below:

= Annual payments × PVAD of $1

= $19,500 × 1+(1 - (1.10)^-5) ÷ 0.10

= $86,234

Hence, the amount of sales revenue recorded is $86,234

We simply applied the above formula

Offering 30 points and brainliest

Answers

Answer:

b

Explanation:

You are considering an investment of $10,000 in a mutual fund with a 2% front load and an annual expense ratio of 0.5%. You are also considering an investment in a bank CD paying 2% interest per year. Assuming risk is constant across the two investments, if you plan to invest for four years, what annual rate of return must the mutual fund earn for you to be better off in the mutual fund than in the bank CD

Answers

Answer:

r > 3.02%

Explanation:

Mutual fund wealth index after N years = (1+front load)*(1+r-expenses)^N

CD wealth index after N years = (1+rate)N

If investment is 4 years

(1+0.02)*(1+r-0.005)^4 = (1+0.02)^4

0.98*(1+r-0.005)^4 = 1.08243216

(1+r-0.005)^4 = 1.08243216/0.98

(1+r-0.005)^4 = 1.10452261

Taking 4th root both side

(1+r-0.005) = 1.10452261^(1/4)

1 + r - 0.005 = 1.02516472

r = 1.02516472 - 1 + 0.005

r = 0.03016472

r = 3.02%, r > 3.02%

Dobles Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly $228,060 18,000 machine hours Processing orders $34,068 1,200 orders Inspection $125,560 1,720 inspection hours The company makes 420 units of product D28K a year, requiring a total of 460 machine hours, 80 orders, and 10 inspection-hours per year. The product's direct materials cost is $48.96 per unit, and its direct labor cost is $25.36 per unit. Use activity-based costing to compute the unit product cost of product D28K.

Answers

Answer:

Dobles Corporation

The unit product cost of product D28K is:

$144.01

Explanation:

a) Data and Calculations:

Activity Cost Pools    Estimated Overhead Cost   Expected Activity

Assembly                     $228,060                            18,000 machine hours

Processing orders         $34,068                              1,200 orders

Inspection                    $125,560                               1,720 inspection hours

Units of D28K produced per year = 420 units

D28K requirements:

Machine hours     460

Orders                    80

Inspections             10

Direct materials cost per unit = $48.96

Direct labor cost per unit = $25.36

Activity rate:

Assembly                     $228,060/18,000 = $12.67 per machine hour

Processing orders         $34,068/1,200 = $28.39 per order

Inspection                    $125,560/1,720 = $73 per inspection-hour

Cost of D28K:

Machine hours     460 * $12.67 =   $5,828

Orders                    80 * $28.39 = $22,712

Inspections             10 * $73 =           $730

Total overhead costs =                $29,270

Overhead cost per unit = $69.69 ($29,270/420)

Unit Cost of D28K:

Direct materials cost per unit = $48.96

Direct labor cost per unit =        $25.36

Overhead cost per unit =          $69,69

Total unit cost =                         $144.01

Aunt Mabel promised to give you $9000 when you successfully complete your freshman year, $6000 when you successfully complete your sophomore year, $1000 when you successfully complete your junior year, and $8000 when you successfully complete your senior year. Aunt Mabel made this promise when you graduated from High School and let's assume you go directly to the University of Illinois and graduate in four years. Aunt Mabel expects the interest rates to be 5.250% during your freshman year, 2.500% during your sophomore year, 3.250% during your junior year, and 9.250% during your senior year. If Aunt Mable can predict interest rates accurately, she will deposit into her bank account $____________. (dollars, rounded to two places after the decimal)

Answers

Solution :

At every stage the formula used will be :

[tex]$\frac{\text{available balance}}{(1+\text{interest rate})}= \text{required bank balance}$[/tex]

After the junior year, Aunt Mabel's bank balance will be :

[tex]$=\frac{8000}{1.0925}$[/tex]

= $ 7,322.65

Aunt Mabel's bank balance after sophomore year will be :

7,322.65 + 1000 = $ 8,322.65

[tex]$=\frac{8,322.65}{1.0325} $[/tex]

= $ 8060.677

After the freshman year, bank balance of Aunt Mable's will be :

8060.677 + 6000 = $ 14,060.677

[tex]$=\frac{14,060.677}{1.0250} $[/tex]

= $ 14.0606

If Aunt Mabel can predict the interest rate with accuracy, she will have to deposit :

$ 14.0606 + $ 9000 = $ 9,014.06

[tex]$=\frac{9014.06}{1.0525}$[/tex]

= $ 8,565.241

The following data about Atlantis Trading Inc. is available. What is Atlantis’s cash flow from operating activities?

Items Amount ($)
Net income
45,000
Increase in stock
5,000
Decrease in accounts receivables
2,000
Increase in salaries payable
10,000


A.
$54,000

B.
$51,000
C.
$53,000
D.
$52,000

Answers

Answer:

The correct option is D. $52,000.

Explanation:

Atlantis’s cash flow from operating activities can be calculated as follows:

Atlantis Trading Inc.

Calculation of Cash Flow from Operating Activities

Items                                                                Amount ($)      

Net income                                                          45,000

Adjustment to reconcile net income

(Increase) decrease in current assets:

Increase in stock                                                 (5,000)

Decrease in accounts receivables                      2,000

Increase (decrease) in current liabilities:

Increase in salaries payable                               10,000  

Cash flow from operating activities               (52,000)  

The above implies that:

Cash flow from operating activities = Net income - Increase in stock + Decrease in accounts receivables + Increase in salaries payable = $45,000 - $5,000 + $2,000 + $10,000 = $52,000

Therefore, the correct option is D. $52,000.

For the backpack buyer, note the importance of each of the five main characteristics under PREFERENCES and consider each in terms of the five steps. Why are CAPACITY and WATERPROOF the most influential preferences in buyer behavior for the Outdoor Enthusiast?

Answers

Answer:

Outdoor enthusiasts love to spend time in nature. One of the ways they do so is by traveling, hiking, cycling, etc. Many times they need to carry equipment that's heavy and are exposed to all manner of weather elements such as fog, rain, heat, etc.

So if the bag cannot contain many items, it's usually a put-off for them. Also, any outdoor person would want their personal items to remain dry regardless of the weather.

This is the reason why for them, both Capacity and Waterproof scores as high as 83% amongst the other factors that influence their demand for a backpack.

Cheers

Outdoor Enthusiasts can consider a large backpack—one that can handle the elements—since they are likely hiking or camping for more than a day.

What are the outdoor enthusiasts ?

The outdoor enthusiast is those who like to travel outside their country and loves recreation. They take part in various activities like sports, music, outdoor adventure sports like Bungy rope, scuba diving and thus take on with themselves a backpack that consists of all stuff that is required for the adventurous destination. Their backpacks include all-weather camping gear and emergency equipment.

Find out more information about the backpack buyer.

brainly.com/question/13763238.

If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is
a. $2,100,000
b. $2,060,000
c. $2,000,000
d. $1,940,000

Answers

The answer to your question is d.$1,940,000

The amount of cash received from the sale of $2 million bonds issued at 97% of face value is $1.94 million. The issue price is calculated by multiplying the face value by 97%, which is $1.94 million.

Hence, the correct option is (d).

To calculate the amount of cash received from the sale of $2,000,000 of 10% bonds issued at 97, we need to multiply the bond's face value by the percentage of the issue price.

The issue price is given as 97% of the face value. To find the issue price, we calculate:

Issue price = Face value x (97/100)

= $2,000,000 x (97/100)

= $1,940,000

Therefore, the amount of cash received from the sale is d. $1,940,000.

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you are the accounts receivable clerk for fast and friendly shipping . the friendly shipping the balance of the accounts receivable account is $25,000 for six months you have been trying to collect the amount owned by three companies: ABC company, $450; XYZ company, $500; and nice try company, $350. these accounts are still unpaid. your supervisor asked you to write off these accounts using the direct write off method. what is the balance of accounts receivable after you write off these accounts as uncollective?

Answers

Answer:

Thats a lot of money

Explanation:

can I have some

International monetary analysis focuses on Group of answer choices the international trade side of the international economy. the real side of the international economy. the issues of international cooperation between Central Banks. the monetary side of the international economy, such as currency exchange. the international investment side of the international economy.

Answers

Answer:

the monetary side of the international economy, such as currency exchange.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An exchange rate can be defined as a number used to represent the value of one country's currency in comparison to another.

International monetary analysis focuses on the monetary side of the international economy, such as currency exchange.

A company’s stock currently sells for $87 per share. Last week the firm issued rights to raise new equity. To purchase a new share, a stockholder must remit $20 and three rights. a. What is the ex-rights stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the price of one right? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

Explanation

a.  

Value = 3($87)= $261  

New value = $261 + 20 =$281  

Ex-rights stock price= $281/(3+1) = $70.25  

b.    

Price of one right=  $87 − 70.25 = $16.75

The ex-rights stock price is  Value = 3($87)= $261

Value at new = $261 + 20 = $281

Price of Ex-rights Stock: $281/(3+1) = $70.25

What is the stock price?

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.

a.

Value = 3($87)= $261

Value at new = $261 + 20 = $281

Price of Ex-rights Stock: $281/(3+1) = $70.25

b.

One right costs $16.75 ($87 x $70.25).

Therefore, The ex-rights stock price is  Value = 3($87)= $261

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Why do we need incentives for entrepreneurs?

Answers

motivates people to overcome all the hard work and start a news business

A key feature of business is that it facilitates an exchange of

Answers

An “Exchange Value “

Answer:

type ''value''

Explanation:

i took the test

Employees who are paid biweekly will receive two more checks than
employees who are paid semimonthly

True or False

Answers

True Biweekly is 26 Semimonthly is 24

What type of wave is sound?
A. Electromagnetic
B. Longitudinal
C. Transverse
D none of the above

Answers

Answer:

b longitudinal

Explanation:

it is b longitudinal. I just know

Answer:

Your answer is B

Explanation:

Sound waves in air (and any fluid medium) are longitudinal waves because particles of the medium through which the sound is transported vibrate parallel to the direction that the sound wave moves. A vibrating string can create longitudinal waves as depicted in the animation below.

You plan to retire in 30 years and plan to contribute the same amount of money each year to your retirement fund. The fund earns 7% compounded annually. If you would like to withdraw $100,000 each year for 20 years, starting 1 year after the last contribution is made. Approximately how much money should you contribute to your retirement fund each year

Answers

Answer:

$11,215.24

Explanation:

After retirement:

Annual Withdrawal = $100,000

Period = 20 years

Annual Interest Rate = 7%

Amount required at retirement = $100,000 * PVIFA(7%, 20)

Amount required at retirement = $100,000 * (1 - (1/1.07)^20) / 0.07

Amount required at retirement = $100,000 * 10.5940

Amount required at retirement = $1,059,400

Before retirement:

Period = 30 years

Annual Deposit * FVIFA(7%, 30) = $1,059,400

Annual Deposit * (1.07^30 - 1) / 0.07 = $1,059,400

Annual Deposit * 94.46079 = $1,059,400

Annual Deposit = $11,215.24

So, you should contribute $11,215.24 each year into your retirement fund.

The systems theory Multiple Choice emphasizes that an organization is one system in a series of subsystems. implements a piecerate system in which workers are paid additional wages when they exceed a standard level of output for each job. enforces a system that suggests that frontline supervisors should receive a bonus for each of their workers who completed their assigned daily tasks. develops a system to lower costs and increase worker productivity by showing how employees could work smarter, not harder. suggests that organizations are effective when they have the social system and the technical system to make products and services that are valued by customers.

Answers

Answer:

The systems theory:

emphasizes that an organization is one system in a series of subsystems.

Explanation:

A systems theory approach is a theoretical perspective that focuses on the interactions and relationships between parts of a whole.  The theory helps to understand how an entity is organized, functions, and produces outcomes, which impact its growth.  It also explains how rules and regulations are applied to govern an organization towards the achievement of its goals.

The systems theory is emphasizing that an organization is one system in a series of subsystems. Thus, option (a) is correct.

The systems theory of organization asserts that organizations are composed of many subsystems that are not necessarily related to one another but work together to form the whole.

The systems approach to management looks at a business as a series of systems and subsystems that interact with one another to create the overall organizational system.

In the systems approach to management, employees are more focused on achieving a collective goal for an organization rather than operational output.

Therefore, option (a) is correct

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Your question is incomplete, but most probably the full question was.

The systems theory:

Multiple Choice

A. Emphasizes that an organization is one system in a series of subsystems.

B. Implements a piece rate system in which workers are paid additional wages when they exceed a standard level of output for each job.

C. Enforces a system that suggests that frontline supervisors should receive a bonus for each of their workers who completed their assigned daily tasks.

D. Develops a system to lower costs and increase worker productivity by showing how employees could work smarter, not harder.

E. Suggests that organizations are effective when they have the social system and the technical system to make products and services that are valued by customers.

A downside of social media is that:

Answers

Answer:

People tend to talk to other people they don't know, which could cause serious problems

Explanation:

Answer:

That there are big hacker that can steal your info and also that people can know everything about you in just one video or on picture. It just pure scary

Explanation:

Your Welcome (; (:

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $23,300 and Job 11 $31,500. On March 31, Job 10 is sold to the customer for $36,400 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10.

Answers

Answer and Explanation:

The journal entries are given below:

On Mar-31

Finished Goods $54,800($23,300 + $31,500)  

      To Work in Process $54,800

(Being two completed jobs are recorded)

On Mar-31

Cash $36,400

          To Sales $36,400

(Being the sale of JOb 10 is recorded)

On Mar-31

Cost of goods sold $23,300

          To Finished goods $23,300

(Being the cost of job 10 is recorded)

Answer:The journal entries are given below:

On Mar-31

Finished Goods $54,800($23,300 + $31,500)  

     To Work in Process $54,800

(Being two completed jobs are recorded)

On Mar-31

Cash $36,400

         To Sales $36,400

(Being the sale of JOb 10 is recorded)

On Mar-31

Cost of goods sold $23,300

         To Finished goods $23,300

(Being the cost of job 10 is recorded)

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