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Dayling Inc had no beginning inventory and worked on 5 jobs for the period. The total DM, DL and MOH applied for each job is
Dayling Inc had no beginning inventory and worked on 5 jobs for the period. The total DM, DL and MOH applied for each job is as follows: Job #1 - $1,500 Job #2 - $2,000 Job #3 - $500 Job #4 - $800 Job #5 - $1,000 Assume Job #1 and Job #2 were complete this period, and Job #2 was sold. Compute the amount in Work in Process(WIP). Finished Goods(FG) and COST of good sold(COGS) at the END of the period. $2,300 WIP: $3,500 FG: $2,000 COGS $5,800 WIP: $3,500 FG: $2.000 COGS $2,300 WIP: $1,500 FG: $2,000 COGS $2.300 WIP: $1.500 FG: Can't tell COGS because we don't know what they sold the product for Data Analytics Data Analytics.docx
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