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Sloan Engine reconditions engines. Its job cost records yield the following information. Sloan Engine uses a perpetual inventory system. (Click to view the job order
Sloan Engine reconditions engines. Its job cost records yield the following information. Sloan Engine uses a perpetual inventory system. (Click to view the job order costing records information.) Read the requirements. Requirement 1. Compute Sloan Engine's cost of (a) Work in Process Inventory at April 30 and May 31, (b) Finished Goods Inventory at April 30 and May 31, and (c) Cost of Goods Sold for April and May. Prepare the April schedule first. (If an input field is not used in the table, leave the input field empty; do not enter a zero.) Sloan Engine Computation of Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold Data table
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