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1. JOB ORDER COSTING: answer the following and show Balance Sheet at end Balance Sheet at start :INVENTORIES 75kRetained Earnings 75k Beginning Balances Raw Material??k
1. JOB ORDER COSTING: answer the following and show Balance Sheet at end
Balance Sheet at start :INVENTORIES 75kRetained Earnings 75k
Beginning Balances
Raw Material??k
WIP15k
Finished Goods 30k75k Total
RAW MATERIAL
Bal??,000
Purchase (1)420,000
COGA???,000
COGS380,000
EI??,000 BS
WIP
Bal15,000
Purchase (2)??,000
DL(3)75,000
Overhead (9)480,000
COGA???,000
COGS(10)???,000
EI30,000 BS
FG
Bal30,000
Purchase (10)900,000
COGA??,000
COGS(11)870,000
EI???,000 BS
Ending Balances
Raw Material??k
WIP30k
Finished Goods ??k160k Total
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