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ABC Company worked on three jobs during its first month of business. Job costs sheets are Direct materials Direct labor Manufacturing overhead Job #1 Job
ABC Company worked on three jobs during its first month of business. Job costs sheets are Direct materials Direct labor Manufacturing overhead Job #1 Job #2 Job #3 $6,000 $5,000 $4,000 $10,000 $13,000 $8,000 $3,000 $2,500 $2,000 There were no beginning inventory balances. Job #1 was sold during the month. Job #2 was not completed by the end of the month. Job #3 was completed but not sold by the end of the month. Related to these jobs, the balance sheet will report a total of $20,500 $34,500 $33,000 $19,000
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