#2

the descriptions are the same for each slot

Finished Goods and Cost of Goods Sold Before the completed production for June is recorded, the work in process inventory account for James Company appears as follows: Work in Process Inventory Balance June 1 $20,000 Direct material 45,000 Direct labor 32,000 Manufacturing overhead applied 34,000 Support Assume that completed production for June includes Jobs 107, 108, and 109 with total costs of $28,000, $55,000, and $25,000, respectively. a. Determine the cost of unfinished jobs at June 30 and prepare a journal entry to record completed production Work in process balance as of June 30: $ 0 General Journal Description Debit Credit 0 0 0 0 b. Using general journal entries, record the sale of Job 107 for $40,000 on account. General Journal Description Debit Credit 0 0 0 0 . e To transfer cost to expense. . 0 0 0 0 To record sale of job 107 Check Not complete Marked out of 10.00 P Flag question Finished Goods and Cost of Goods Sold Before the completed production for June is recorded, the work in process inventory account James Company appears as follows: Work in Process Inventory Balance June 1 $20,000 Direct material 45.000 Direct labor 32.000 Accounts receivable includes Jobs 107, 108, and 109 with total costs Cost of goods sold Finished goods inventory une 30 and prepare a journal entry to record Sales Work in process inventory DESACTUM DEUTE 0 Credit 0 0 0 b. Using general journal entries, record the sale of Job 107 for $40,000 on account: General Journal Description Debit Credit 0 0 e 0 0 To transfer cost to expense. 0 0 40 0 0 To record sale of job 107 Check Question 2 Not complete Marked out of 10.00 Flag question Finished Goods and cost of Goods Sold Before the completed production for June is recorded, the work in process inventory James Company appears as follows: Work in Process Inventory Balance June 1 $20,000 Direct material 45,000 Direct labor 32,000 Manufacturing overhead applied 34,000 includes Jobs 107, 108, and 109 with to Accounts receivable Cost of goods sold une 30 and prepare a journal entry to re Finished goods inventory Sales Work in process inventory Credit 0 e 0 0 b. Using general journal entries, record the sale of Job 107 for $40,000 on account General Journal Description Credit Debit 0 0 0 4 0 To transfer cost to expense 0 0 0 e To record sale of job 107 Check