Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Time Rema This Question: 1 pt 2 of 13 (0 complete) Classic Trailers' job cost records yielded the following information (Click the locon to view

image text in transcribed
image text in transcribed
Time Rema This Question: 1 pt 2 of 13 (0 complete) Classic Trailers' job cost records yielded the following information (Click the locon to view the job cost information.) Data Table Use the dates above to identify the status of each job. Compute the following balances for Classic a. Work-in-Process Inventory at September 30 b. Finished Goods Inventory at September 30 c. Cost of Goods Sold for September Job Date Total Cost of Job Started No. Finished Sold at September 30 Begin by identifying the status of each job. August 21 September 16 September 17 3,100 August 29 2 September 21 September 26 13,000 Job Date Total Cost of Job Status of Job at September 3 October 13 34 October 11 6,900 No. Started Finished Sold at September 30 September 30 September 7 September 29 October 1 4.300 August 21 September 16 September 17 3,100 September 21 September 26 2 August 29 13,000 Print Done 3 September 3 October 11 October 13 6,900 4 September 7 September 29 October 1 4,300 a. Compute Work-in-Prooess Inventory at September 30. (if a box is not used in the table, leave the box emply, do not select a label or enter a zero.,) Job Cost Total b. Compute Finished Goods Inventory at September 30. (If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) Cost Job Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Pro 30 This Question: 1 pt 2 of 13 (0 complete)* Classic Trailers' job cost records yielded the following information (Click the icon to view the job cost information.) i Data Table Use the dates above to identify the status of each job. Compute the following balances for Classic: a. Work-in-Process Inventory at September 30 b. Finished Goods Inventory at September 30 c. Cost of Goods Sold for September Date Job Total Cost of Job No. Started Finished Sold at September 30 Job Cost September 16 September 17 August 21 3,100 13,000 2 August 29 September 21 September 26 October 13 September 30 October 11 6,900 September 7 September 29 October 1 4,300 Total b. Compute Finished Goods Inventory at September 30. (If a box is not used in the table, leave the box empty Print Done Cost Job Total t used in the table, leave the bOx empty, do not select a label or enter a zero) not c Compute Cost of Goods Sold for September. (If a box is Job Cost Total Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Pro F4 2 F3 esc

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions