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4) Paul Cablesource starts business Jan 1. The following data are available for January for the one cable they produce: Beg Inv 0 Started in

4) Paul Cablesource starts business Jan 1. The following data are available for January for the one cable they produce: Beg Inv 0 Started in Jan 1200000 End Wip (20% comp) 300000 Cost incurred Jan Materials 779000 Labor 143500 Mfg OH 888000 a. Compute Cost of Goods Sold for Jan. b. What is the value of Wip on Jan 31st.

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