The job order cost sheets used by Greene Company revealed the following: Job No. Bal., May 1
Fantastic news! We've Found the answer you've been seeking!
Question:
The job order cost sheets used by Greene Company revealed the following:
Job No. | Bal., May 1 | May Production Costs |
134 | $1,700 | $0 |
135 | 1,200 | 300 |
136 | 0 | 900 |
Job No. 135 was completed during May and Jobs No. 134 and 135 were shipped to customers in May. What was the company's cost of goods sold for May and the Work in Process inventory on May 31?
A. 3200 ; 900
B. 2900 ; 1200
C. 1200 ; 2900
D. 1700 ; 1200
E. 4100 ; 0
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Posted Date: