In addition, jobs were completed and awaiting shipment: Cost incurred as of 12/31/2017 Job 341 Job 342 Job 343 Job 344 $1,900 3,100 2,300 4,900 Enter your answers as amounts only with neither commas nor decimals. What are the beginning and ending balances in Work in Process Inventory? Beginning WIP $ Ending WIP $ What are the beginning and ending balances in Finished Goods Inventory? Beginning FG $ Ending FG $ What is Cost of Goods Sold? COGS $
In addition, jobs were completed and awaiting shipment: Cost incurred as of 12/31/2017 Job 341 Job 342 Job 343 Job 344 $1,900 3,100 2,300 4,900 Enter your answers as amounts only with neither commas nor decimals. What are the beginning and ending balances in Work in Process Inventory? Beginning WIP $ Ending WIP $ What are the beginning and ending balances in Finished Goods Inventory? Beginning FG $ Ending FG $ What is Cost of Goods Sold? COGS $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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