Job Cost Flows
The job cost sheet for 1,000 units of toy trucks is:
All of the materials for the job were purchased on 4/10.The batch of 1,000 toy trucks is sold on 7/10.
What are the costs of this job order in the raw materials account,the work-in-process account,the finished goods account,and the cost of goods account on 4/30,5/31,6/30 and 7/31?
Correct Answer:
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