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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Accounting for job costs Sloan Trailers’ job cost records yielded the following information:
|
Job No. |
 |
Date |
 |
Total Cost of Job |
|
Started |
Finished |
Sold |
              at September 30 |
|
|
1 |
August 21 |
September 16 |
September 17 |
$3,100 |
|
2 |
August 29 |
September 21 |
September 26 |
13,000 |
|
3 |
September 3 |
October 11 |
October 13 |
6,900 |
|
4 |
September 7 |
September 29 |
October 1 |
4,400 |
Requirement
1. Use the dates in the table to identify the status of each job. Compute Sloan’s cost of (a) Work in process inventory at September 30, (b) Finished goods inventory at September 30, and (c) Cost of goods sold for September.
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