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Find what balance in work in process inventory at the end

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Reference no: EM132728136

Homer Company begins operations on April 1. Information from job cost sheets Jobs 11 and 13 were completed shows the following. ob 12 was completed in April. Job 10 was completed in May. in June. Each job was sold for 30% above its cost in the month following completion.

Instructions

Problem 1: What is the balance in Work in Process Inventory at the end of each month?

a.April 30 $12,500

May 31 $19,300

June 30 $9,800

b.April 30 $11,300

May 31 $14,900

June 30 $9,800

c.April 30 $11,300

May 31 $19,300

June 30 $9,800

d.April 30 $11,300

May 31 $19,300

June 30 $6,600

 

Reference no: EM132728136

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