The writer is very fast, professional and responded to the review request fast also. Thank you.
The AMX Company was started on January 1, 2007. The company incurred the following transactions during the year. (Assume all transactions are for cash unless otherwise indicated.) First, acquired $2,500 by issuing common stock. Second, purchased $700 of direct raw materials. Third, used $500 of these direct raw materials in the production process. Fourth, paid production workers $900 cash. Fifth, paid $800 for manufacturing overhead (assume applied and actual overhead are the same). Sixth, started and completed 100 units of inventory. Seventh, sold 80 units at a price of $30 each. Eighth, paid $400 for selling and administrative expenses.
The amount of cost of goods sold recognized by AMX in 2007 is $1,760. How do you find the answer to this question ($1,760)?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more