B White Manufacturing makes carrying cases for portable electronic devices. Its costing records yield the following information: |(Click the icon to view the costing records.) X Data Table Read the requirements. White Manufacturing Computation of Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold Total Total Manufacturing For September and October Job Date Cost of Job Costs Added Date Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold No. Started Finished Sold at September 30 in October Job Cost Job Cost Job Cost 1 9/03 9/12 9/13 $ 1,900 September 30: 2 9/03 9/30 10/01 1,100 3 9/17 10/24 10/27 500 $ 1,300 Total Total Total 4 9/29 10/29 11/03 300 1,500 5 10/08 10/12 10/14 650 October 31: 6 10/23 11/06 11/09 900 Print Done Total Total Total Requirement 3. Prepare journal entries to record the transfer of completed jobs from Work-in-Process Inventory to Finished Goods Inventory for September and October. (Record debits first, then credits. Exclude explanations from any journal entries.) Record September's entry first. i X Data Table Date Accounts Debit Credit Sep. 30 Total Total Manufacturing Job Date Cost of Job Costs Added No. Started Finished Sold at September 30 in October Now record October's entry. 1 9/03 9/12 9/13 $ 1,900 Date Accounts Debit Credit 2 9/03 9/30 10/01 1,100 Oct. 31 3 9/17 10/24 10/27 500 $ 1,300 4 9/29 10/29 11/03 300 1,500 5 10/08 10/12 10/14 650 6 10/23 11/06 11/09 900 Requirement 4. Record the sale of Job 3 for $2,100 on account. (Record debits first, then credits. Exclude explanations from any journal entries.) Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 4. Record the sale of Job 3 for $2,100 on account. (Record debits first, then credits. Exclude explanations from any journal entries.) First, record the revenue related to the sale of job 3 on account. i X Data Table Date Accounts Debit Credit Total Total Manufacturing Job Date Cost of Job Costs Added No. Started Finished Sold at September 30 in October Now record the cost of goods sold for Job 3. 1 9/03 9/12 9/13 $ 1,900 Date Accounts Debit Credit 2 9/03 9/30 10/01 1,100 3 9/17 10/24 10/27 500 $ 1,300 4 9/29 10/29 11/03 300 1,500 5 10/08 10/12 10/14 650 6 10/23 11/06 11/09 900 Requirement 5. What is the gross profit for Job 3? Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 5. What is the gross profit for Job 3? Compute gross profit for Job 3. Gross profit
