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Aspen Company prepared the job order cost sheets and it revealed the following: Job. NoBal, May 1May Production Costs 124$2,700$----- 1251,600400 126800200 Job No. 125
Aspen Company prepared the job order cost sheets and it revealed the following:
Job. NoBal, May 1May Production Costs
124$2,700$-----
1251,600400
126800200
Job No. 125 was completed during May and Jobs No. 124 and 125 were shipped to customers in May. What were the company's cost of goods sold for May and the goods in process inventory on May 31?
$5,100; $ 600.
$4,300; $400.
$4,700; $1,000.
$1,000; $400.
$4,100; $ 0.
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