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Drop down list: Finished goods, Sold, Work in progress (a to c): Job 1-4 i Data Table Date Finished Job No. Started 1 May 21
Drop down list: Finished goods, Sold, Work in progress
(a to c): Job 1-4
i Data Table Date Finished Job No. Started 1 May 21 2 May 29 3 June 3 4 June 7 June 16 June 21 July 11 June 29 Sold June 17 June 26 July 13 July 1 Total Cost of Job at June 30 3,800 13,000 6,500 4,300 Print Done Root Trailers' job cost records yielded the following information: Click the icon to view the job cost information.) Use the dates above to identify the status of each job. Compute the following balances for Root: a. Work-in-Process Inventory at June 30 b. Finished Goods Inventory at June 30 c. Cost of Goods Sold for June Begin by identifying the status of each job. Status of Job at June 30 Sold Job No. Started 1 May 21 2 May 29 3 June 3 4 June 7 Date Finished June 16 June 21 July 11 June 29 June 17 June 26 July 13 July 1 Total Cost of Job at June 30 3,800 13,000 6,500 4,300 a. Compute Work-in-Process Inventory at June 30. (If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) Job Cost Total b. Compute Finished Goods Inventory at June 30. (lf a box is not used in the table, leave the box empty; do not select a label or enter a zero.) Job CostStep by Step Solution
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