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Project: The Hanna company began operations on June 1. The company uses a job cost system. The job cost sheets for its first five jobs
Project: The Hanna company began operations on June 1. The company uses a job cost system. The job cost sheets for its first five jobs show the following, non-cumulative manufacturing costs assigned: Job # LhWMIl NJ M EELS! $10, 500 $4,900 $9, 300 $2,400 $6,200 $4,200 $7,100 $6,300 $3,400 Job #1 was completed in June. Job #2 was completed in July. Job #3 was completed in August. Each of the three completed jobs was sold in the month following its completion. Part A: P'l-"PP'PJH Part B: PEPPP!' Determine the balances for items 1 - 6 below. Answer Only, here [also see below) Work in process inventory on June 30: S Finished goods inventory on June 30: 5 Work in process inventory on July 31: 5 Finished goods inventory on July 31: S Work in process on August 31: Finished goods inventory on August 31: S Show the individual dollar values that you added together to get the answers you put above: 555800 + 1,200 + $3,000 or $600 + $900; whatever amounts you added to get your answer. Work in process inventory on June 30: 5 Finished goods inventory on June 30: S Work in process inventory on July 31: S Finished goods inventory on July 31: $ Work in process on August 31: 5: Finished goods inventory on August 31: $
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