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Problem 3 - 2 3 ( Algo ) Calculating Ending Inventories and Cost of Goods Sold [ LO 3 - 5 ] Techuxia Corporation worked
Problem Algo Calculating Ending Inventories and Cost of Goods Sold LO
Techuxia Corporation worked on four jobs during October: Job A Job A Job A and Job A At the end of October, the job cost sheets for these jobs contained the following data:
Job A Job A Job A Job A
Beginning balance $ $ $ $
Charged to the jobs during October:
Direct materials $ $ $ $
Direct labor $ $ $ $
Manufacturing overhead applied $ $ $ $
Units completed
Units sold during October
Jobs A and A were completed during October. The other two jobs were incomplete at the end of October. There was no finished goods inventory on October The companys total manufacturing overhead applied equals its total actual manufacturing overhead.
Required:
What is the cost of goods sold for October?
Note: Round intermediate calculations to decimal places and final answer to nearest dollar amount.
What is the total value of the finished goods inventory at the end of October?
Note: Round intermediate calculations to decimal places and final answer to nearest dollar amount.
What is the total value of the work in process inventory at the end of October?
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