questions 2,3 & 4

's Work-in-Process Inventory account: 5,000 and $35,000, respectively. e Requirements - 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30. 3. Prepare the journal entry to record the sale on account of Job 143 for $49,000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143 4. What is the gross profit on Job 143? end anc Print Done hen click Check Answer. Clear All MacBook Pro Question Help (similar to) June production generated the following activity in Barge Chassis Company's Works Process inventory account: (Click the icon to view the activity) Additionally, Barge has completed Jobs 142 and 143, with total cost of $6.000 and $35.000, respectively, Read the courements Requirement 1. Prepare the journal entry for production completed in June. Prepare a single journal entry for event. Record debts first, the credits. Exclude explanations from any journal entries) Date Accounts Debit Credit June Finished Goods Inventory 71,000 Work in Process inventory 71,000 Requirement 2. A Taccount for Work in Process inventory has been opened for you. Enter the beginning balance Della on the first in the T-account. Post the June activity, including the journey made in Requirement, using the appropriate descriptions as powing references Compute the ending balance Bain the Work in Process inventory account on June 30. (Abreviation MOH- manufacturing overhead) Work in Process Inventory Choose from any list of enter any number in the input fields and then click Check Answer parts remaining Clear All Check Answer MacBook Pro ork 2 of 4 (3 complete) Vork-in-Process Inventory account: and $35,000, respectively. repare a single journal entry for this event. Record debits first, then credits. Exclude explanations from i Data Table $ for you. June 1 balance Direct materials used Direct labor assigned to jobs Manufacturing overhead allocated to jobs 18,000 30,000 34,000 27,200 Bal." in ti Post the June activity. MOH = manufacturing Print Done Ek Check Answer. Clear All