Question
Anderson Manufacturing begins operations on March 1. Information from job cost sheets shows the following: Mnfrg costs assigned: (non-cummulative) Job: March. April. May A. $10,500
Anderson Manufacturing begins operations on March 1. Information from job cost sheets shows the following:
Mnfrg costs assigned: (non-cummulative)
Job: March. April. May A. $10,500 B. $4,900 $9,300 C. $2,400 $6,200 $4,200 D. $7,100 $6,300 E. $3,400
Job A. was completed in March. Job B. was completed in April. Job C. was completed in May. Each job was sold in the month following completion. Instructions: Determine the following amounts: 1. Work in process inventory, March 31 $_______________ 2. Finished goods inventory, March 31 $_______________ 3. Work in process inventory, April 30 $_______________ 4. Finished goods inventory, April 30 $_______________ 5. Work in process inventory, May 31 $_______________ 6. Finished goods inventory, May 31 $_______________
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