Company s manufacturing comouny thst has weapduction gobs dureg the fest quater

Question

Company s manufacturing comouny thst has weapduction gobs dureg the fest quater of the yeer Below is a fet of alt the jobs for the quarter dams Company &manufactui; umg comoany that sas avgroed r' se.wat producton :obt dure, the irst quarter d the rear. Beim tt of at the jobs for the quarter: No 356 b tHa. 358 sb No 3559 ob No. 360 Jobs356.357, 358, and 359 were comolred. 30 356 n 357 e ol a arofit of s500 n wah ob What a the ending balance of Cast of Goods Soid for das ompant he nd o the firat quarter $2,655 b 635 .1.685

Explanation / Answer

Cost of goods sold includes the cost of the jobs that are complete and sold
So here the job 356 and 357 are complete and sold
so here the cost of goods sold will include the cost of job 356 and job 357
total cost of goods sold will be $450 + $1,235 = $ 1,685
So here the option d will be the correct option

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