Bluebird Manufacturing makes carrying cases for portable electronic devices. Its costing records yield the following information: B!! (Click the icon to view the costing records.) Read the requirements. Requirement 1. Which type of costing system is Bluebird using? What piece of data did you base your answer on? Bluebird uses a system. We know this because Bluebird's costing records show costs being accumulated for each Requirement 2. Use the dates in the table to identify the status of each job at October 31 and November 30. Compute Bluebird's account balances at October 31 for Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. Compute, by job, account balances at November 30 for Work-in-Process Inventory Finished Goods Inventory, and Cost of Goods Sold. (If a box is not used in the schedule, leave the box empty: do not select a label or enter a zero.) Prepare the October schedule first, followed by the November schedule. i Data Table Bluebird Manufacturing Computation of Work-in-Process Inventory. Finished Goods Inventory, and Cost of Goods Sold For October and November Work-in-Process Inventory | Finished Goods Inventory Job Cost Job Cost Date Date Job Cost of Goods Sold Job Cost No. October 31: $ Started 10/03 10/03 10/17 10/29 11/08 11/23 Finished 10/12 10/30 11/24 11/29 11/12 12/08 Sold 10/13 11/01 11/27 12/03 11/14 12/09 Total Total Manufacturing Cost of Job Costs Added at October 31 in November 1,100 1,600 500 $ 1,200 800 1,300 650 900 November 30: Print Done Total Total Requirement 3. Prepare journal entries to record the transfer of completed jobs from Work-in-Process Inventory to Finished Goods Inventory for October and November. (Record debits first, then credits. Exclude explanations from any journal entries.) Record October's entry first. Date Accounts Debit Credit net 31 Choose from any list or enter any number in the input fields and then continue to the next question. Bluebird Manufacturing makes carrying oases for portable electronic devices. Its costing records yield the following information: (Click the icon to view the costing records.) Read the requirements. Requirement 3. Prepare journal entries to record the transfer of completed jobs from Work-in-Process Inventory to Finished Goods Inventory for October and November. (Record debits first, then credits. Exclude explanations from any journal entries.) Record October's entry first. Date Accounts Debit Credit Oct. 31 i Data Table - X Total Now record November's entry. Date Accounts Debit Credit Job No. Nov. 30 $ Started 10/03 10/03 10/17 10/29 11/08 11/23 Date Finished 10/12 10/30 11/24 11/29 11/12 12/06 Sold 10/13 11/01 11/27 12/03 11/14 12/09 Total Manufacturing Cost of Job Costs Added at October 31 in November 1,100 1,600 500 $ 800 1,300 650 1,200 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. Date Accounts Debit Credit Print Done Now record the cost of goods sold for Job 3. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Bluebird Manufacturing makes carrying cases for portable electronic devices. Its costing records yield the following information: !!! (Click the icon to view the costing records.) Read the requirements. Date Accounts Debit Credit Nov. 30 i Data Table - X 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. Total Date Accounts Debit Credit Date Job No. Finished Started 10/03 10/03 10/17 10/29 11/08 11/23 Now record the cost of goods sold for Job 3. Total Manufacturing Cost of Job Costs Added a t October 31 in November $ 1,100 1,600 500 $ 1,200 800 Sold 10/13 11/01 11/27 12/03 11/14 12/09 10/12 10/30 11/24 11/29 11/12 12/06 Date Accounts nebit Credit 1.300 650 Print Done Requirement 5. What is the gross profit for Job 3? Compute gross profit for Job 3. Gross profit Choose from any list or enter any number in the input fields and then continue to the next question. Bluebird Manufacturing makes carrying cases for portable electronic devices. Its costing records yield the following information: (Click the icon to view the costing records.) X Read the requirements. i - Data Table Total Bluebird Manufacturing Computation of Work-in-Process Inventory. Finished Goods Inventory, and Cost of Goods Sold For October and November Work-in-Process Inventory | Finished Goods Inventory | Job Cost Job Cost Date Total Cost of Job at October 31 Manufacturing Costs Added in November Job No. Date Cost of Goods Sold Job Cost $ October 31: Started 10/03 10/03 10/17 10/29 11/08 11/23 finished 10/12 10/30 11/24 11/29 Sold 10/13 11/01 11/27 12/03 11/14 12/09 1,100 1,600 500 $ 800 Total 1,200 1,300 650 900 1172 5 6 November 30: 12/06 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 October and November. (Record debits first, then credits. Exclude explanations from any journal entries.) Record October's entry first. Date Accounts Debit Credit Oct. 31 Now record November's entry. Date Accounts Debit Credit Nov. 30 Choose from any list or enter any number in the input fields and then continue to the next question. Now record November's entry. Date Accounts Debit Credit Nov. 30 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. Date Accounts Debit Credit i X - Data Table Total Now record the cost of goods sold for Job 3. Total Cost of Job at October 31 Manufacturing Costs Added in November Date Accounts Debit Credit Job No. 1 2 $ Started 10/03 10/03 10/17 10/29 11/08 11/23 Date Finished 10/12 10/30 11/24 11/29 11/12 12/06 Sold 10/13 11/01 11/27 12/03 11/14 12/09 1,100 1,600 500 $ 800 1,200 1,300 Requirement 5. What is the gross profit for Job 3? 4 5 6 650 Compute gross profit for Job 3. Print Done Gross profit Choose from any list or enter any number in the input fields and then continue to the next