The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory, 7/1/2020 33,200 Sales revenue 392,000 Sales returns 13,200 Purchases 252,000 Purchase discounts 7,200 Purchase returns 11,200 Freight-in 19,400 In addition, you determine that the June 30, 2021, inventory balance is $41,200. Required: Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2021.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

When you hire an independent contractor you don't have to pay the contractors what