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9 Robinson International began operations in early February. The company has provided the following summary of total manufacturing costs assigned to the job sheets
9 Robinson International began operations in early February. The company has provided the following summary of total manufacturing costs assigned to the job sheets of its entire client base during its first three months of operations. 9.09 points Job Number 1000 1001 1002 1003 1004 February $12,400 15,000 2,000 March $6,800 7,400 April Total Costs Assigned $19,200 $1,400 23,000 2,000 16,000 4,000 20,000 9.000 6,000 15,000 eBook Pr References Job no. 1002 was completed in February and sold in March, Job no. 1000 was completed and sold in March. Job no. 1001 was completed and sold in April. Job no. 1003 was completed in April, but it won't be delivered until early May, Only job no. 1004 remains in process at April 30. The selling prices are set at 175 percent of the manufacturing costs assigned to each job. a. Determine the Work in Process Inventory balance at the end of February, March, and April b. Determine the Finished Goods Inventory balance at the end of February, March, and April. c. Compute the company's total gross profit for the three months ended April 30. Work in Process Inventory Balance February 28 Work in Process Inventory Balance March 31 Work in Process Inventory Balance April 30 b. Finished Goods Inventory Balance February 281 Finished Goods Inventory Balance March 31 Finished Goods Inventory Balance April 301 c. Gross profit Check my wor
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