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Our company began operations on August 1. We use normal costing. During August, we only worked on 3 jobs, Job A, Job B and Job

Our company began operations on August 1. We use normal costing. During August, we only worked on 3

jobs, Job A, Job B and Job C. The costs that were charged to these three jobs during January are as follows:

Job 1

Job 2

Job 3

Direct Materials

$ 200

$ 50

$ 800

Direct Labor

800

300

1600

Applied Overhead

2200

825

4400

Job A and Job C were finished in August, but Job B was not finished. Job A consisted of 1,600 units and Job

C consisted of 1,700 units. During August, the company sold 800 units of Job A at a selling price of $9 each.

Also, during August, the company sold 100 units from Job C at a selling price of $15 each. YOU MUST SHOW

YOUR WORK TO RECEIVE ANY CREDIT.

1. Compute the Cost of Goods Manufactured for August.

______

2. Compute the ending Work in Process for August.

______

3. Compute the total Sales for August.

______

4. Compute the ending Finished Goods for August.

______

3 points Extra Credit

Extra Credit:

1)

Compute the Cost of Goods Sold for August.

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