The following information is available about the august transactions of the tool company: invoices for product costs paid during the month $ 493,000 product costs charged to work in process $ 737,000 cost of finished goods manufactured $ 718,000 cost of goods sold $ 739,000 the product costs to be deducted from revenue in august amount to:

Cost of Goods Sold= $739,000

Explanation:

The Costs of Goods Sold (COGS) is a derived figure when preparing an Income Statement. It is more comprehensive than the other figures because it  is arrived at as follows:

Cost of Goods Sold = Opening Inventory + Purchase of inventory (if any)+ goods manufactured (if any)- closing inventory.

Costs of finished goods manufactured represents a part of COGS

Invoices for product costs during the month is usually a part of the purchase of inventory or purchase of raw material for finished goods manufactured

Product Costs charged to Work In Progress is also a fraction of costs for the period.

Therefore, the most comprehensive product cost for August is the Cost of Goods Sold which aggregates other costs.

2b2t

explanation:

2b2t

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.