Sloan Trailers' job cost records yielded the following information: Requirement 1. Use the dates in the table

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Sloan Trailers' job cost records yielded the following information:


Total Cost of Job at September 30 3,100 13,000 6,900 4,400 Job Date No. Sold Started August 21 August 29 September 3 4.


Requirement
1. Use the dates in the table to identify the status of each job. Compute Sloan's cost of
(a) Work in process inventory at September 30,
(b) Finished goods inventory at September 30, and
(c) Cost of goods sold forSeptember.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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