Renton Custom Win dows produces custom windows for business and residential customeis who supply Renton with architectural
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Renton Custom Win¬ dows produces custom windows for business and residential customeis who supply Renton with architectural specifications.
At the start of 2008, three jobs were in process:
Also at the start of 2008, one job was completed and awaiting shipment:
During 2008, the company incurred the following costs:
At the end of 2008, two jobs were in process:
In addition, four jobs were completed and awaiting shipment:
Required
a. What are the beginning and ending balances in Work in Process?
b. What are the beginning and ending balances in Finished Goods?
c. What is Cost of Goods Sold? What job numbers likely relate to the balance in Cost of Goods Sold?
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