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1. JOB ORDER COSTING: answer the following and show Balance Sheet at end Sec2March32, 20191abf Balance Sheet at start :INVENTORIES 225kRetained Earnings 225k Beginning Balances
1. JOB ORDER COSTING: answer the following and show Balance Sheet at end Sec2March32, 20191abf
Balance Sheet at start :INVENTORIES 225kRetained Earnings 225k
Beginning Balances
Raw Material??k
WIP15k
Finished Goods 30k225k Total
RAW MATERIAL
Bal??,000
Purchase (1)570,000
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
EI??,000 BS
FG
Bal30,000
Purchase (10)910,000
COGA??,000
COGS(11)880,000
EI???,000 BS
Ending Balances
Raw Material??k
WIP20k
Finished Goods ??k450k Total
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