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Problem 3-23 (Algo) Calculating Ending Inventories and Cost of Goods Sold [LO3-5] Techuxla Corporation worked on four Jobs during October. Job A256, Job A257, Job
Problem 3-23 (Algo) Calculating Ending Inventories and Cost of Goods Sold [LO3-5] Techuxla Corporation worked on four Jobs during October. Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contalned the following data: Jobs A256 and A258 were completed durlng October. The other two jobs were Incomplete at the end of October. There was no finlshed goods Inventory on October 1 . The company's total manufacturing overhead applied equals Its total actual manufacturing overhead. Requlred: 1. What Is the cost of goods sold for October? Note: Round Intermedlate calculations to 2 decimal places and final answer to nearest dollar amount. 2. What is the total value of the finished goods Inventory at the end of October? Note: Round Intermedlate calculations to 2 decimal places and final answer to nearest dollar amount. 3. What Is the total value of the work In process Inventory at the end of October
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