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Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726 Exercise 19
Ware Paper Box
Ware Paper Box manufactures corrugated paper boxes. It uses a job order costing system. Operating data for February and March are as follows:
?The factory was closed due to a labor strike prior to January 28, when job #613 was started. There were no other jobs in the plant at that time.
Required:
Calculate the following amounts:
a. Work-in-process inventory as of 2/28.
b. Work-in-process inventory as of 3/31.
c. Finished goods inventory as of 2/28.
d. Finished goods inventory as of 3/31.
e. Cost of goods sold for February.
f. Cost of goods sold for March.
Ware Paper Box manufactures corrugated paper boxes. It uses a job order costing system. Operating data for February and March are as follows:
?The factory was closed due to a labor strike prior to January 28, when job #613 was started. There were no other jobs in the plant at that time.Required:
Calculate the following amounts:
a. Work-in-process inventory as of 2/28.
b. Work-in-process inventory as of 3/31.
c. Finished goods inventory as of 2/28.
d. Finished goods inventory as of 3/31.
e. Cost of goods sold for February.
f. Cost of goods sold for March.
Explanation
Verified
Verified
Job-order Costing
Any method of costing...
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
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