Calculate the balance in work in process at the end of month

Assignment Help Managerial Accounting

Reference no: EM13949578

Ballenger Company uses job-order costing. At the end of the month, the following information was gathered:

Job #	Total Cost	Completed?	Sold?
901	$650	yes	no
902	400	no	no
903	550	yes	no
904	695	yes	yes
905	860	yes	no
906	750	no	no
907	180	yes	yes
908	700	no	no
909	905	no	no
910	803	yes	no

The beginning balance of Finished Goods was zero.

Required

1. Calculate the balance in Work in Process at the end of the month.

2. Calculate the balance in Finished Goods at the end of the month.

3. Calculate Cost of Goods Sold for the month.

Reference no: EM13949578

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