The Johnson Manufacturing Company has the following job cost sheets on file. They represent jobs that have
Question:
(a) What is the cost of goods sold for the month of March?
(b) What is the cost of the goods in process inventory on March 31?
(c) What is the cost of the finished goods inventory on March 31?
Transcribed Image Text:
Number Total Cost Incurred Status of Job $15,050 Finished and delivered 444 Finished and delivered $22,400 445 $ 7,500 Finished and unsold 446 $ 4,300 Finished and delivered 447 $33,000 Finished and unsold 448 449 $62,000 Finished and unsold 450 $14,600 Unfinished 451 $22,200 Finished and delivered 452 $ 3,600 Unfinished 453 $ 1,000 Unfinished
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Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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