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In the Monroe Company, the following Job cards were totaled at the end of the month: Job 243 $5,750 Job 244 $4,980 Job 245 $3,675
In the Monroe Company, the following Job cards were totaled at the end of the month:
Job 243 | $5,750 |
Job 244 | $4,980 |
Job 245 | $3,675 |
Job 246 | $4,250 |
Job 247 | $5,100 |
Job 248 | $3,800 |
Jobs 243 and 244 were in Finished Goods Inventory at the beginning of the month. Jobs 245 and 246 were in Work-in-process at the beginning of the month. Jobs 247 and 248 were started during the month. At the end of the month, Jobs 243 and 247 were sent to customers; jobs 245, 247, and 248 were completed and sent to finished goods. What is the ending work-in-process inventory for the month?
a.$4,250
b.$10,730
c.$12,575
d.None of these choices are correct.
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