The following summary data are from the job order cost sheets of Castle Company: Using the data

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The following summary data are from the job order cost sheets of Castle Company:

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Using the data provided, compute

(a) the finished goods inventory at October 1 and October 31,

(b) the work-in-process inventory at October 1 and October 31, and

(c) the cost of goods sold for October. Castle began operations with Job 1.

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Managerial Accounting For Undergraduates

ISBN: 9780357499948

2nd Edition

Authors: James Wallace, Scott Hobson, Theodore Christensen

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Question Posted: May 19, 2024 02:00 AM

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The following summary data are from the job order cost sheets of Castle Company: Using the data

Question:

Dates Job Started Finished Shipped Total Assigned Costs at September 30 Total Production Costs Added in October 2 123 #106O 9/10 9/20 10/11 $9,000 9/17 9/29 10/22 6,600 3 9/25 10/11 10/27 3,500 $7,100 4 9/27 10/19 11/4 4,400 5,700 5 10/14 11/10 11/18 3,200 6 10/23 11/17 11/29 4,900

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Managerial Accounting For Undergraduates

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