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The job order cost sheets used by Gruene Company revealed the following: Job No. Bal., June 1 June Production Costs 134 $1,500 $0 135 1,000
The job order cost sheets used by Gruene Company revealed the following:
Job No. | Bal., June 1 | June Production Costs |
134 | $1,500 | $0 |
135 | 1,000 | 500 |
136 | 0 | 1,100 |
Job No. 135 was completed during June and Jobs No. 134 and 135 were shipped to customers in June. What was the balance in Gruene company's Work in Process Inventory at the end of June?
$1,100 | ||
$1,600 | ||
$0 | ||
$2,600 |
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