Question
Nylah Manufacturing Company has the following job cost sheets on file. They represent jobs that have been worked on during September of the current year.
Nylah Manufacturing Company has the following job cost sheets on file. They represent jobs that have been worked on during September of the current year. This table summarizes information provided on each sheet:
| Number | Total Cost Incurred | Status of Job |
| 951 | $ 4,200 | Finished and delivered |
| 952 | $ 7,700 | Unfinished |
| 953 | $ 9,300 | Finished and unsold |
| 954 | $ 11,100 | Finished and delivered |
| 955 | $ 3,000 | Finished and unsold |
| 956 | $ 5,500 | Finished and delivered |
| 957 | $ 35,000 | Unfinished |
| 958 | $ 3,200 | Finished and delivered |
| 959 | $ 500 | Unfinished |
| 960 | $ 22,110 | Unfinished |
| 961 | $ 7,200 | Finished and delivered |
| 962 | $ 8,500 | Unfinished |
| 963 | $ 11,200 | Finished and unsold |
(a) What is the cost of the Work in Process inventory on September 30?
(b) What is the cost of the finished goods inventory on September 30?
(c) What is the cost of goods sold for the month of September?
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
