Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 06 May 2018 My Price 2.00

Loopit Casting Company

Use of WIP Inventory Account April production resulted in the following activity in a key account of Loopit Casting Company (in thousands)

Job Orders A13 and A37, with total costs of $35,000 and $40,000, respectively, were completed in April. 1. Journalize the completed production for April.

2. Compute the balance in WIP Inventory, April 30, after recording the completed production.

3. Journalize the credit sale of Job A13 for $49,000.

Answers

Maurice Tutor
(5)
Status NEW Posted 06 May 2018 06:05 PM My Price 2.00

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