Question: c) Summary information from KL Ltd's job cost sheets show the following information: Job January February March Completed Sold X01 $4 500 $1 500 February

 c) Summary information from KL Ltd's job cost sheets show the

c) Summary information from KL Ltd's job cost sheets show the following information: Job January February March Completed Sold X01 $4 500 $1 500 February Not sold X02 $8 200 January February X03 $2 520 February March X04 $3 200 $1 400 April Not sold HOL INSTIT Required: What are the balances for January, February and March for each of the following for KL Ltd: work in process inventory finished goods inventory and cost of goods sold (5 marks) Present your answers (and work out) using the table below: Work in Process Finished Goods Cost of Goods Sold Inventory Inventory January February March

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