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Derry Company uses job order costing. At the end of the month, the following information was gathered. Job# Total Cost Complete? Sold? 301 $1,600 Yes

Derry Company uses job order costing. At the end of the month, the following information was gathered.

Job# Total Cost Complete? Sold?

301 $1,600 Yes No

302 $1,240 Yes Yes

303 $780 No No

304 $2,300 Yes No

305 $4,150 Yes No

306 $350 No No

307 $710 Yes Yes

308 $620 No No

309 $1,200 No No

310 $515 No No

The beginning balance of Finished Goods was $300, consisting of Job 300 which was not sold by the end of the month.

1: Calculate the balance in Work in Process at the end of the month.

2: Calculate the balance in Finished Goods at the end of the month.

3: Calculate Cost of Good Sold for the month.

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