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Question - Job-cost records for Bodhi Company contained the following data:
Job No.
Date Started
Date Finished
Date Sold
Total Cost of Job at June 30
220
May 18
June 12
June 20
$6,000
221
May 20
June 9
June 21
4,000
222
June 7
July 5
July 12
7,000
223
June 10
July 28
July 1
6,500
224
June 19
July 16
July 25
8,000
Required:
a. Compute WIP inventory at June 30.
b. Compute finished goods inventory at June 30.
c. Compute cost of goods sold for June.
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