Chris Regington, an entry-level accountant at Global Foods Inc., has been asked to provide the required journal entry to indicate the cost of completed jobs moved from production to the Finished Goods Inventory. Chris was provided with the cost information below:
Based upon provided information, prepare the journal entry indicating Global Food's, Cost of Goods Manufactured for the period.

Question

Chris Regington, an entry-level accountant at Global Foods Inc., has been asked to provide the required journal entry to indicate the cost of completed jobs moved from production to the Finished Goods Inventory. Chris was provided with the cost information below:
  Based upon provided information, prepare the journal entry indicating Global Food's, Cost of Goods Manufactured for the period.

Quizplus · Accepted Answer

The Answer of Chris Regington, an entry-level accountant at Global Foods Inc., has been asked to provide the required journal entry to indicate the cost of completed jobs moved from production to the Finished Goods Inventory. Chris was provided with the cost information below:
  Based upon provided information, prepare the journal entry indicating Global Food's, Cost of Goods Manufactured for the period.

Chris Regington, an Entry-Level Accountant at Global Foods Inc