Wears Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. The Cost of Goods Manufactured for the year was $537,000.
Required:
What was the Cost of Goods Sold for the year?

Question

Wears Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.  The Cost of Goods Manufactured for the year was $537,000.
Required:
What was the Cost of Goods Sold for the year?

Quizplus · Accepted Answer

The Answer of Wears Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year.  The Cost of Goods Manufactured for the year was $537,000.
Required:
What was the Cost of Goods Sold for the year?

Wears Corporation Uses a Job-Order Costing System and Has Provided