Tigers selling price is cost plus 50 for each of its houses

Assignment Help Accounting Basics

Reference no: EM13482693

Tiger Company uses Job-order costing. At the end of themonth, the following data was gathered:

Job# TotalCost Complete? Sold?

429 $409 NO NO

430 $513 YES NO

431 $115 NO NO

432 $790 YES YES

433 $650 YES NO

434 $540 NO NO

435 $90 NO NO

436 $970 YES YES

437 $179 NO NO

438 $400 NO NO

Tiger's selling price is cost plus 50% for each of its houses.

A. What is Cost of Goods Sold for the month?

B. What is the total in the Work-in-Process account?

C. What is the total in Finished Goods?

D. What is the selling price of Job 436?

---Should I add cost plus 50% for each house before solving orshould I just add cost plus 50% to Job 436? Please help!!

Reference no: EM13482693

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