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2 3 & 4 please! that is the full question. i cant go to the next steps until question 2 is answered assis Company's Work-in-Process
2 3 & 4 please!
that is the full question. i cant go to the next steps until question 2 is answered
assis Company's Work-in-Process Inventory account: tal costs of $36,000 and $35,000, respectively. mpleted in June ations from any journal 0 Requirements - X y has been open he ending balanc 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30. 3. Prepare the journal entry to record the sale on account of Job 143 for $49,000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143. 4. What is the gross profit on Job 143? une activity, including the hufacturing overhead.) ntory Print Done t fields and then click Check Answer. Clear All (Prepare a single journal entry for this event. Record debits first, then credits. Exclude explanations i Data Table - June 1 balance $ Direct materials used ned for you. nce "Bal." in ti 18,000 30,000 34,000 27,200 Direct labor assigned to jobs Manufacturing overhead allocated to jobs Post the June acti MOH = manufacturir Print Done June production generated the following activity in Barge Chassis Company's Work-in-process inventory account (Click the icon to view the activity) Additionally, Barpe has completed Job 142 and 143, with total costs of $36,000 and $35,000, respectively, Read the requirements Requirement 1. Prepare the journal entry for production completed in June (Prepare a single journal entry for this event. Record debits first, then credits. Bxclude explanations from any journal entries.) Date Accounts Debat Credit June Finished Goods Inventory 71,000 Work In Process inventory 71,000 Requirement 2. AT-account for Work in Process Inventory has been opened for you. Erre beginning balance on the front of the Taccount. Poate care activity, including journal entry made in prevering the appropriate description as posting references Compute the ending balance Balin the Work in process inventory count on June 30 (breviation used. MOH marturing overed) Work in Process Inventory Step by Step Solution
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