Job order costing records information

intory

$\backslash$table$[[$Job No$.,$Date,,,$\backslash$table$[[$Total$],[$Manufacturing$],[$Cost Added in$],[$July$]]],[$Started$,$Finished,Sold,,$\backslash$table$[[$Cost$],[$b at$],[30]]],[$Job $1,5/26,6/7,6/9,$$$,1,600,],[$Job $2,5/3,6/12,6/13,$$$,1,500,],[$Job $3,6/29,6/30,7/3,$$$,1,300,],[$Job $4,6/30,7/1,7/1,$$$,900,300],[$Job $5,7/8,7/12,7/14,,,500],[$Job $6,7/23,8/6,8/9,,,1,400]]$Stewart Engine reconditions engines. Its job cost records yield the following information. Stewart Engine uses a perpetual inventory system.

View the job order costing records information.

Read the requirements.

Requirements

Requirement $1.$ Compute Stewart Engine's cost of $($a$)$ Work in Process Inventory at June $30$ and July $31,($b$)$ Finished Goods Inventory at June $30$ and July $31,$ and $($c$)$ Cost of Goods Sold for June and

July.

Prepare the June schedule first. $($If an input field is not used in the table, leave the input field empty; do not enter a zero.$)$

Stewart Engine

Computation of Work in Process Inventory,

Finished Goods Inventory, and Cost of Goods Sold

For June and July

Requirement $2.$ Make summary journal entries to record the transfer of completed jobs from Work in Process Inventory to Finished Goods Inventory for June and July. $($Record debits first, then credits.

Exclude explanations from any journal entries.$)$