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The Hanna company began operations on June 1. The company uses a job cost system. The job cost sheets for its first five jobs show

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The Hanna company began operations on June 1. The company uses a job cost system. The job cost sheets for its first five jobs show the following, non-cumulative manufacturing costs assigned: Job # June July August $10,500 2 $4,900 $9,300 3 $2,400 $6,200 $4,200 4 $7,100 $6,300 $3,400 Job #1 was completed in June. Job #2 was completed in July. Job #3 was completed in August. Each of the three completed jobs was sold in the month following its completion. Part A: Determine the balances for items 1 - 6 below. Answer Only, here (also see below) 1. Work in process inventory on June 30: 2. Finished goods inventory on June 30: tA 3. Work in process inventory on July 31: $ 4. Finished goods inventory on July 31: ItA 5. Work in process on August 31

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