Reference no: EM132596475
Summary information from a company's job cost sheets shows the following information:
Chart showing information for 4 jobs:
BB3 $3,500 in April, $1,500 in May, completed in May, not sold.
BB4 9,231 in April, completed in April, sold in May.
BB5 2,540 in May, completed in May, sold in June.
BB6 3230 in May, 1434 in June, completed in July, not sold
Question 1: What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for April, May, and June?
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