Carlton Construction Company sold a home that it built for a total cost of $150,000 for a sales price of $250,000. The journal entries to record the sales revenue and cost of the sale would include: a. A debit to Cost of Goods Sold for $150,000
b. A credit to Finished Goods for $150,000
c. A debit to Sales Revenue for $250,000
d. A and B
* it'a a multiple choice, pls explain the answer

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:

Acontinental polar air mass foms where