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Stralton Manufacturing makes carrying casos for portable doctronic devices. Its costing rocords yiold the following information: Click the icon to viow the costing records.) Read

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Stralton Manufacturing makes carrying casos for portable doctronic devices. Its costing rocords yiold the following information: Click the icon to viow the costing records.) Read the requirements Requlrement 1. Which type of coothg system is Stration using? What piece of data did you base your answor on? Stration ubes a 5ystem. Wo know this beceuse Stratton's costing records show costs being accumulated for each. Requirements 1. Which type of costing system is Stratton uting? What plece of data did you base your answer on? 2. Use the dates in the tablo to identify the status of each job at November 30 and Docember 31. Compule Strallon's account balanoes at November 30 for Work-in-Process Inventory, Finished Goods Inventary, and Cost of Goods Sold. Compute, by job, acoount balances at December 31 for Workin-Process inventory, Finished Goods lnventory, and Cost ol Goods Sold 3. Prepare journal entries to rocond the transfer of completed jabs trom Work-in. Process inventory to Finished Goods inventory for November and December. 4. Record the saie of J0b3 for $2,100 cn account. 5. What is the gross praft for Jab 3

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