Two jobs were completed with total costs of $183,000 and $105,000 respectively. They were sold on account at a mark-up of 50% on cost. After completing these transactions, the balance in the Cost of Goods Sold account? (after adjusting for the manufacturing overhead variance) 

Answer rating: 100% (QA)

To solve this problem we need to calculate the revenue from the sale of the two jobs and then determ... View the full answer