a Compute Work in Process Inventory at April 30. (if an input held is not used in the table, leave the input field emp Jcb b. Compute Finished Goods Inventory at April 30. (If an input field is not used in the table, leave the input field emp Jcb Cost Total 3 April 4 Apnl/ May 11 Apr 29 May 13 May 1 Total 0,400 L 4,000 Job No. 3 Job No. 4 a. Compute Work in Process Inventory at April 30. (If an input field is not used in the table, leave the input field empty, do not select a l Job Cost Total b. Compute Finished Goods Inventory at April 30 (If an input field is not used in the table, leave the input field emply, do not select a la Job Cost c Compute Cost of Goods Sold for April (f an input field is not used in the table, leave the input field emply, do not select a label or enk Apnl 3 April 7 May 11 April 29 Print Data table Job No. Job No. 1 Job No. 2 Job No. 3 Job No. 4 Start Marc Marc April April

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question
Best Trailers' job cost records yielded the following information:
Begin by identifying the status of cach job
Job
No.
1 March 21
March 29
2
3
4
Sold
April 17
April 26
May 13
May 1
a. Compute Work-in-Process Inventory at April 30. (11 an input field is not used in the table, leave the input field emp
Job
Cost
Total
Job
Total
Started
3
April 3
4 April 7
Total
April 3
April 7
Date
Finished
April 16
April 21
May 11
April 29
b. Compute Finished Goods Inventory at April 30. (If an input field is not used in the table, leave the input field empt
Cost
Total
Total
Total Cost of Job
at April 30
$
May 11
Apnl 29
Status of Job at
April 30
3,500
13,000
6,400
4,000
May 13
0,400
4,000
May 1
a. Compute Work-in-Process Inventory at April 30. (If an input field is not used in the table, leave the input field empty, do not select a le
Job
Cost
Data table
Job No.
Job No. 1
Job No. 2
Job No. 3
Job No. 4
b Compute Finished Goods Inventory at April 30 (If an input field is not used in the table, leave the input field empty, do not select a la
Job Cost
c Compute Cost of Goods Sold for April (If an input field is not used in the table, leave the input field empty; do not select a label or en
Job
Cost
Started
March 21
March 29
Apnl 3
April 7
Date
Finished
April 16
April 21
May 11
April 29
Print
Data table
Job No.
Job No. 1
Job No. 2
Job No. 3
Job No. 4
Started
March 21
March 29
April 3
April/
Sold
April 17
April 26
May 13
May 1
Done
Date
Finished
April 16
April 21
May 11
April 29
Print
Total Cost of Job
at April 30
S
Sold
April 17
April 26
May 13
May 1
- X
3,500
13,000
6,400
4,000
Done
- X
Total Cost of Job
at April 30
$
3,500
13,000
6,400
4,000
Transcribed Image Text:Best Trailers' job cost records yielded the following information: Begin by identifying the status of cach job Job No. 1 March 21 March 29 2 3 4 Sold April 17 April 26 May 13 May 1 a. Compute Work-in-Process Inventory at April 30. (11 an input field is not used in the table, leave the input field emp Job Cost Total Job Total Started 3 April 3 4 April 7 Total April 3 April 7 Date Finished April 16 April 21 May 11 April 29 b. Compute Finished Goods Inventory at April 30. (If an input field is not used in the table, leave the input field empt Cost Total Total Total Cost of Job at April 30 $ May 11 Apnl 29 Status of Job at April 30 3,500 13,000 6,400 4,000 May 13 0,400 4,000 May 1 a. Compute Work-in-Process Inventory at April 30. (If an input field is not used in the table, leave the input field empty, do not select a le Job Cost Data table Job No. Job No. 1 Job No. 2 Job No. 3 Job No. 4 b Compute Finished Goods Inventory at April 30 (If an input field is not used in the table, leave the input field empty, do not select a la Job Cost c Compute Cost of Goods Sold for April (If an input field is not used in the table, leave the input field empty; do not select a label or en Job Cost Started March 21 March 29 Apnl 3 April 7 Date Finished April 16 April 21 May 11 April 29 Print Data table Job No. Job No. 1 Job No. 2 Job No. 3 Job No. 4 Started March 21 March 29 April 3 April/ Sold April 17 April 26 May 13 May 1 Done Date Finished April 16 April 21 May 11 April 29 Print Total Cost of Job at April 30 S Sold April 17 April 26 May 13 May 1 - X 3,500 13,000 6,400 4,000 Done - X Total Cost of Job at April 30 $ 3,500 13,000 6,400 4,000
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