Falwell Inc., which uses job-order costing, has provided the following data for June: $$\begin{array} { l r r }
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 15,000 & \$ 22,000 \
\text { Finished goods ...... } & \$ 38,000 & \$ 37,000
\end{array}$$ The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for June is closest to:

Question

Falwell Inc., which uses job-order costing, has provided the following data for June: $$\begin{array} { l r r } 
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 15,000 & \$ 22,000 \
\text { Finished goods ...... } & \$ 38,000 & \$ 37,000
\end{array}$$  The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for June is closest to:

Quizplus · Accepted Answer

The Answer of Falwell Inc., which uses job-order costing, has provided the following data for June: $$\begin{array} { l r r } 
\text { Inventories: } & \text { Beginning } & \text { Ending } \
\text { Work in process ..... } & \$ 15,000 & \$ 22,000 \
\text { Finished goods ...... } & \$ 38,000 & \$ 37,000
\end{array}$$  The unadjusted cost of goods sold (in other words, cost of goods sold before adjusting for any underapplied or overapplied overhead) for June is closest to:

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