Question
Whtmbzt Corp. uses job-order costing. The following information was collected at the end of the month: Job # Total Cost Completed? Sold? 1 $200 Yes
- Whtmbzt Corp. uses job-order costing. The following information was collected at the end of the month:
| Job # | Total Cost | Completed? | Sold? |
| 1 | $200 | Yes | No |
| 2 | 700 | Yes | Yes |
| 3 | 2,200 | No | No |
| 4 | 1,700 | Yes | Yes |
| 5 | 3,000 | No | No |
| 6 | 10,000 | Yes | No |
| 7 | 3,200 | Yes | Yes |
| 8 | 300 | No | No |
a. Calculate the balance for ending WIP.
b. Calculate the balance for ending FG.
c.Calculate COGS for the month.
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For Mowen/hansen/heitgers Cornerstones Of Managerial Accounting, 6th Edition, [instant Access]
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
6th Edition
1305280768, 9781305280762
