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managerial accounting help please?
Job April May June month completed
10 $5200 $4400 May
11 $4100 $3900 $2000 June
12 $1200 April
13 $4700 $4500 June
14 $5900 $3600 Not compl
Each Job was sold for 25% above its costs in the month following completion.
a) What is the balance in work in process inventory at the end of each month?
Job__April_____May___June___month completed
10___ $5200___$4400___________May
11___$4100___$3900 $2000 June
12___$1200____________________April
13 __________$4700___$4500___June
14 _________$5900___$3600___Not complete
Each Job was sold for 25% above its costs in the month following completion.
a) What is the balance in work in process inventory at the end of each month?
_______________________________________
Job__April_____May___June___month completed
10___ $5200___$4400___________May
11___$4100___$3900 $2000 June
12___$1200____________________April
13 __________$4700___$4500___June
14 _________$5900___$3600___Not complete
Each Job was sold for 25% above its costs in the month following completion.
a) What is the balance in work in process inventory at the end of each month?
1 Answer
- 6 years ago
There are 2 more question:
b) What is balance in finished goods inventory at the end of each month?
c) What is the gross profit for May, June, July?