Sandy Jensen Company Uses a Job-Order Costing System and Has

question 98

Multiple Choice

Sandy Jensen Company uses a job-order costing system and has the following data available: The journal entry to record the cost of goods sold would include a ________.

• A)debit to Finished Goods Inventory for $292,000
• B)credit to Finished Goods Inventory for $260,000
• C)credit to Work-in-process Inventory for $260,000
• D)credit to Cost of Goods Sold for $292,000

---

Definitions:

Dead-End Job

A job with little to no prospect for career growth or advancement.

Qualified Workforce

Personnel that possess the necessary skills, education, and experience required to perform the tasks of their respective jobs effectively.

Manager

An individual responsible for directing, controlling, and administering a group, project, or organization.

Maintaining

The process of keeping something in a condition of efficiency or preservation through continual repair or care.