Currey Inc., which uses job-order costing, has provided the following data for August: $$\begin{array} { l r r }
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 19,000 & \$ 21,000 \
\text { Finished goods ...... } & \$ 25,000 & \$ 50,000
\end{array}$$ The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for August is closest to:

Question

Currey Inc., which uses job-order costing, has provided the following data for August:  $$\begin{array} { l r r } 
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 19,000 & \$ 21,000 \
\text { Finished goods ...... } & \$ 25,000 & \$ 50,000
\end{array}$$ The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for August is closest to:

Quizplus · Accepted Answer

The Answer of Currey Inc., which uses job-order costing, has provided the following data for August:  $$\begin{array} { l r r } 
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 19,000 & \$ 21,000 \
\text { Finished goods ...... } & \$ 25,000 & \$ 50,000
\end{array}$$ The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for August is closest to:

Currey Inc The Unadjusted Cost of Goods Sold (In Other Words, Cost