Job cost sheets show the following information:JobJanuaryFebruaryMarchAA2$2,600$1,100AA44,840AA5AA3Total $7,440What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for January, February, and March?FinishedWork inProcessGoodsJanuaryFebruaryMarch3,2403,410$7,7502,600 ✔3,410CompletedFebruaryJanuaryFebruary$2,319 April$2,3194,840 ✓6,940 ✓3,700 ✓SoldNot soldFebruaryMarchNot soldCOGS4,8403,240 ✔

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Description: Job cost sheets show the following information:JobJanuaryFebruaryMarchAA2$2,600$1,100AA44,840AA5AA3Total $7,440What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for January, February, and March?

The entire cost of the unfinished goods that are currently being made in manufacturing and supply…

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Job cost sheets show the following information: Job January February March $2,600 $1,100 4,840 AA2 AA4 AA5 AA3 3,240 3,410 January February March $7,750 Completed February January February 2,600 3,410 ✔ $2,319 April $2,319 Total $7,440 What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for January, February, Work in Finished Process Goods Sold Not sold February March Not sold 4,840 6,940 ✔ 3,700 COGS 4,840 3,240 ✔

Job cost sheets show the following information: Job January February March $2,600 $1,100 4,840 AA2 AA4 AA5 AA3 3,240 3,410 January February March $7,750 Completed February January February 2,600 3,410 ✔ $2,319 April $2,319 Total $7,440 What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for January, February, Work in Finished Process Goods Sold Not sold February March Not sold 4,840 6,940 ✔ 3,700 COGS 4,840 3,240 ✔

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 4PA: Job cost sheets show the following information: What are the balances in the work in process...

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