Question
The following transactions occurred this period for Sage Hill Corp. as it created custom-order scented bubble bath: cost of labor, $15,500; cost of scented oils
The following transactions occurred this period for Sage Hill Corp. as it created custom-order scented bubble bath: cost of labor, $15,500; cost of scented oils used, $9,000; and applied MOH, $6,400. Sage Hill started the period with $4,100 in its WIP Inventory account. The total cost of jobs completed this period was $29,700.
What is the ending balance of Sage Hill's WIP Inventory account this period?
I need to know Ending Balance in WIP Inventory Account $______
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
