Sheds, Inc. designs and builds sheds and outbuildings for individual customers.

The company uses a job cost system and treats each customer's order as a separate job.

At the beginning of January the company had the following raw material inventory: . . . . . . . . . . . . . . . $600

At the beginning of January the company had the following work-in-process inventories:

At the beginning of January the company had the following work-in-process inventories:

Job . . . . . . . . . . . . . . 21$13,000

Job . . . . . . . . . . . . . . 25$9,000

During January, the following activities took place:

1. Started jobs 26 and 27.

2. Purchased raw materials in January:$12,000

Requisitioned (or used) the following raw materials to the specific jobs:

Job . . . . . . . . . . . . . . 21$2,000

Job . . . . . . . . . . . . . . 25$5,000

Job . . . . . . . . . . . . . . 26$1,000

Job . . . . . . . . . . . . . . 27$3,000

3. Incurred January manufacturing payroll:
Direct Labor

Job . . . . . . . . . . . . . . 21$750
Job . . . . . . . . . . . . . . 25$2,000
Job . . . . . . . . . . . . . . 26$900
Job . . . . . . . . . . . . . . 27$1,500

Indirect labor$600

4. Incurred additional manufacturing overhead costs for January:

Production equipment rent. . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000

Manufacturing supplies purchased and used . . . . . . . . . . . . . . $800

Factory utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$500

5. Applied manufacturing overhead using a predetermined rate based on predicted annual overhead and predicted annual direct material cost as follows:

Predicted Annual Overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . $48,000

Predicted Annual Direct Material cost . . . . . . . . . . . . . . . . . . . $120,000

6. Completed jobs 25 and 27.

7. Customer for Job 27 picked up completed job and was billed the following:

Job 27 . . . . . . . . . . . . . . 12,000

8. The company had the following period costs that they incurred:

Sales commissions . . . . . . . . . . . . . . . . . . $2,000

Administrative salaries. . . . . . . . . . . . . . $3,000

1. Determine the Finished Goods for January and provide the number of the Jobs in Finished Goods at the end of January and determine the total cost of ending finished goods for January.
2. Determine the Cost of Goods Sold for January and provide the number of the Jobs in Cost of Goods Sold for January and determine the total cost of goods sold for January.
3. Determine the ending Work-In-Process Inventory at the end of January and provide the number of the Jobs still in Work-in-Process at the end of January and the determined total cost of ending work in process for January.