Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In March, Bramble Company completes its only two jobs in process, Jobs 10 and 11. Job 10 cost $ 28,900 and Job 11 $ 39,100.

In March, Bramble Company completes its only two jobs in process, Jobs 10 and 11. Job 10 cost $ 28,900 and Job 11 $ 39,100. On March 31, Job 10 is sold. Record the completion of the two jobs and the sale of Job 10. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)In March, Bramble Company completes its only two jobs in process, Jobs 10 and 11. Job 10 cost $ 28,900 and Job 11 $ 39,100. On March 31, Job 10 is sold. Record the completion of the two jobs and the sale of Job 10. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Manufacturing Costs

Work in Process Inventory

Finished Goods Inventory

Cost of Goods Sold

Raw Materials Inventory

Factory Labor

Manufacturing Overhead

Balance

$ enter a dollar amount $ enter a dollar amount $ enter a dollar amount $ enter a dollar amount $ enter a dollar amount $ enter a dollar amount

Completion of Jobs:

Job 10

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Job 11

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Balance

$ enter a total of the three previous amounts $ enter a total of the three previous amounts $ enter a total of the three previous amounts $ enter a total of the three previous amounts $ enter a total of the three previous amounts $ enter a total of the three previous amounts

Job sold:

Job 10

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount

Balance

$ enter a total of the two previous amounts $ enter a total of the two previous amounts $ enter a total of the two previous amounts $ enter a total of the two previous amounts $ enter a total of the two previous amounts $ enter a total of the two previous amounts

eTextbook and Media

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE Fundamentals Of Cost Accounting

Authors: William N. Lanen, Shannon Anderson, Michael W. Maher

6th Edition

1260569098, 9781260569094

More Books

Students also viewed these Accounting questions