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Other Fields Homework Help Accounting Topic started by: sarasmith06 on Mar 30, 2023



Title: Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the ...
Post by: sarasmith06 on Mar 30, 2023

Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:

Cost of goods manufactured$1,486,000
Cost of goods sold (unadjusted)$1,337,000

The journal entry to record the transfer of completed goods from Work in Process to Finished Goods is:



DebitCredit
Finished Goods1,337,000
Work in Process1,337,000


DebitCredit
Finished Goods1,486,000
Work in Process1,486,000


DebitCredit
Work in Process1,337,000
Finished Goods1,337,000


DebitCredit
Work in Process1,486,000
Finished Goods1,486,000


Title: Re: Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the ...
Post by: lampard on Mar 30, 2023
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