Author Question: What is the amount of cost of goods sold for the year according to the average cost method? a. ... (Read 70 times)

Cooldude101

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What is the amount of cost of goods sold for the year according to the average cost method?
 a. 1,380
  b. 1,375
  c. 1,510
  d. 1,250

Question 2

On NOVEMBER 30, 2011, Just in Thyme, Inc. issued 100,000 of 20-year, 9 bonds at 100. The bonds pay interest SEMIANNUALLY on May 31 and November 30. How much cash will the company pay for interest on MAY 31, 2012, the first interest payment date?
 
  A) 2,000
  B) 8,000
  C) 4,000
  D) 4,120



mmpiza

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Answer to Question 1

a

Answer to Question 2

C



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