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e information below was taken from the job cost sheets of Igmund Manufacturing: The information below was taken from the job cost sheets of Igmund

e information below was taken from the job cost sheets of Igmund Manufacturing: The information below was taken from the job cost sheets of Igmund Manufacturing:
During July, jobs number 103 and 104 were completed, and jobs number 101,102, and 104 were delivered
to customers. Jobs number 105 and 106 are still in process at July 31.
Required:
a. Compute the work in process inventory at June 30.
b. Compute the finished goods inventory at June 30.
c. Compute the cost of goods sold during July.
d. Compute the work in process inventory at July 31.
e. Compute the finished goods inventory at July 31.
Job Number Manufacturing Costs as of June 30 Manufacturing Costs in July
101 $4,200
1023,400
103980 $2,000
1042,3004,500
1055,600
1063,300
During July, jobs number 103 and 104 were completed, and jobs number 101,102, and 104 were delivered to customers. Jobs number 105 and 106 are still in process at July 31.
Required:
Compute the work in process inventory at June 30.
Compute the finished goods inventory at June 30.
Compute the cost of goods sold during July.
Compute the work in process inventory at July 31.
Compute the finished goods inventory at July 31.
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