Sloan Trailers' job cost records yielded the following information: Requirement 1. Use the dates in the table
Question:
Sloan Trailers' job cost records yielded the following information:
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.
Transcribed Image Text:
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. Finished September 16 September 21 October 11 September 29 September 17 September 26 October 13 October 1 September 7
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1 Job Date No Total Cost Status of Job at Started Finished Sold of Job at Septembe...View the full answer
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I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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