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Answer the following: 2. a). Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year.
Answer the following:
2. a). Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the Jobs for the quarter Job Balance Job 356 $ 450 Job 357 1,235 Job 358 378 Job 359 689 Job 360 456 Job 356, 357, 358,8 359 were completed. Jobs 356 & 357 were sold at a profit of $500 on each job. Required: At the end of the first quarter, calculate the following 1. The ending balance of work in process for the company L. The ending balance of Finished Goods II The Cost of Goods sold ly. The total Sales revenue v. The Gross ProfitStep by Step Solution
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