Question: Hello, please help answer this question ASAP! Thank you!:) More Info 1. Cost of units completed in the Cutting Department, $16,000 2. Cost of units
Hello, please help answer this question ASAP! Thank you!:) More Info 1. Cost of units completed in the Cutting Department, $16,000 2. Cost of units completed in the Stamping Department, $23,000 3. Cost of units completed in the Polishing Department, $38,000 4. Sales on account, $30,000 5. Cost of goods sold is 40% of sales 5, Cost of goods sold is 40% of sales Date Debit Credit Nov. 30 3. Cost of units completed in the Polishing Department, $38,000 Date Debit Credit Nov. 30 4. Sales, $30,000 (Do not record costs as this will be recorded in the next step) Date Accounts Debit Credit Nov. 30
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