Question
CustomWaves Riders job order cost sheets showed the following: Job. No. Bal., April 1 May Production Costs 100 $ 2450 $ 0 101 1950 450
CustomWaves Riders job order cost sheets showed the following:
| Job. No. | Bal., April 1 | May Production Costs | |||||||
| 100 | $ | 2450 | $ | 0 | |||||
| 101 | 1950 | 450 | |||||||
| 102 | 0 | 1050 | |||||||
Job No. 101 was completed during May and Jobs No. 100 and 101 were shipped to customers in April. What was the company's cost of goods sold for May and the balance of Work in Process inventory on April 30?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
