Multiple Choice
Figure 5 - 6
In the Monroe Company, the following Job cards were totaled at the end of the month: Job 243 $5,750
Job 244 $4,980
Job 245 $3,675
Job 246 $4,250
Job 247 $5,100
Job 248 $3,800
Jobs 243 and 244 were in Finished Goods Inventory at the beginning of the month. Jobs 245 and 246 were in Work- in-process at the beginning of the month. Jobs 247 and 248 were started during the month. At the end of the month, Jobs 243 and 247 were sent to customers; jobs 245, 247, and 248 were completed and sent to finished goods.
-Refer to Figure 5-6. What is the cost of goods sold for the month?
A) $10,730
B) $10,850
C) $12,575
D) none of these
Correct Answer:

Verified
Correct Answer:
Verified
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