Sheds, Inc. designs and builds sheds and outbuildings for individual customers.
The company uses a job cost system and treats each customer's order as a separate job.
At the beginning of January the company had the following raw material inventory:						$600
At the beginning of January the company had the following work-in-process inventories:
Job 21	$13,000
Job 25	$9,000
During January, the following activities took place:
1. Started jobs 26 and 27.
2. Purchased raw materials in January:		$12,000
Requisitioned (or used) the following raw materials to the specific jobs:
Job 21	$2,000
Job 25	$5,000
Job 26	$1,000
Job 27	$3,000
3. Incurred January manufacturing payroll:
Direct Labor
Job 21	$750
Job 25	$2,000
Job 26	$900
Job 27	$1,500
Indirect labor	$600
4. Incurred additional manufacturing overhead costs for January:
Production equipment rent				$2,000
Manufacturing supplies purchased and used				$800
Factory utilities				$500
5. Applied manufacturing overhead using a predetermined rate based on predicted annual overhead
and predicted annual direct material cost as follows:
Predicted Annual Overhead		$48,000
Predicted Annual Direct Material cost		$120,000
6. Completed jobs 25 and 27.
7. Customer for Job 27 picked up completed job and was billed the following:
Job 27	12,000
8. The company had the following period costs that they incurred:
Sales commissions		$2,000
Administrative salaries		$3,000

-Determine the Finished Goods for January and provide the number of the Jobs in Finished Goods at the end of January and determine the total cost of ending finished goods for January.

-Determine the Cost of Goods Sold for January and provide the number of the Jobs in Cost of Goods Sold for January and determine the total cost of goods sold for January.

-Determine the ending Work-In-Process Inventory at the end of January and provide the number of the Jobs still in Work-in-Process at the end of January and the determined total cost of ending work in process for January.