Sloan Trailers job cost records yielded the following information: Use the dates in the table to identify
Question:
Sloan Trailers’ job cost records yielded the following information:
Use the dates in the table to identify the status of each job. Compute the following balances for Sloan:
a. Work-in-Process Inventory at September 30
b. Finished Goods Inventory at September 30
c. Cost of Goods Sold forSeptember
Transcribed Image Text:
Total Cost of Job at September 30 3,100 13,000 6,900 4,400 Job Date No. Started Finished Sold 1August 21 September 16 September 17 2 August 29 ber 21 September 26 3 Septmber 3 October 1 ctober 13 4 Septmber 7 Septmber 29 October 1
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a WorkinProcess Inventory b Finis...View the full answer
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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