Root Trailers' job cost records yielded the following information: (Click the icon to view the job...

 

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Root Trailers' job cost records yielded the following information: (Click the icon to view the job cost information.) Use the dates above to identify the status of each job. Compute the following balances for Root: a. Work-in-Process Inventory at June 30 b. Finished Goods Inventory at June 30 c. Cost of Goods Sold for June Begin by identifying the status of each job. Job Date Total Cost of Job Status of Job at June 30 No. Started Finished at June 30 1 3,900 2 13,600 3 6,000 4 4,500 Finished goods Sold Work in process May 21 May 29 June 3 June 7 June 16 June 21 July 11 June 29 Sold June 17 June 26 July 13 July 1 $ Root Trailers' job cost records yielded the following information: (Click the icon to view the job cost information.) Use the dates above to identify the status of each job. Compute the following balances for Root: a. Work-in-Process Inventory at June 30 b. Finished Goods Inventory at June 30 c. Cost of Goods Sold for June Begin by identifying the status of each job. Job Date Total Cost of Job Status of Job at June 30 No. Started Finished at June 30 1 3,900 2 13,600 3 6,000 4 4,500 Finished goods Sold Work in process May 21 May 29 June 3 June 7 June 16 June 21 July 11 June 29 Sold June 17 June 26 July 13 July 1 $

Answer rating: 100% (QA)

Job1 Job2 Job3 Job4 a Work i... View the full answer